Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

What Mr. Carville is essentially saying sounds like the tribunal mechanism, namely, that hourly or daily rates were agreed, based on the NAMA rates. Therefore, whether it goes on for six months or three years, the longer the process takes, the more hours are involved. The early successful conclusion of the project, meaning a lesser transfer to NAMA, was probably a bonus. It sounds like a tribunal, with a daily or hourly rate agreed, but with no limit on the number of hours, perhaps millions, that can be included in the process. This is what it seems like to me. It seems it was set up in a similar way to tribunals.