Mr. Michael Kirrane:

It is not our job on the evaluation committee to determine the economic viability of individual investments and we do not underwrite them in any way. In fact, we make it very clear on the INIS website that we do not in any way pre-approve any project in advance of funding being made because that would put the State in a position where it was effectively underwriting and guaranteeing a fund. That is not what we are there to do.