Seán Fleming (Laois, Fianna Fail) | Oireachtas source

The Comptroller and Auditor General was dealing with cost overruns into €16 billion and €17 billion at that time. That was the topic when the money was flying. Most of the projects did not come through during the recessionary period.

I want to take the witness through the document he gave. There is confusion in this regard for a lot of people who are watching. There is a value for money assessment in the comprehensive briefing note given to the committee by the witness today. Am I correct to say that the value for money assessment is done at the commencement and the beginning of project?