Mr. Michael Kennedy:

No. There are schemes in which we transfer traffic risk and schemes which we procure through PPPs in which we do not transfer it. There are two schemes in which there is a variable operation payment mechanism. It allowed the funders and the providers to have a sense that there was a floor and enabled funders to provide good prices on these high risk schemes. In respect of the Limerick tunnel, we have all learned that trying to forecast demand risk in an urban area is very difficult.