Mr. Conor O'Kelly:

There are EU procurement guidelines, weightings and much academic research on what is the right weighting to give. There are seven different categories normally, and pricing tends to get approximately 40% of most tenders.

One of the factors that looks like it will come out of the UK analysis and the reports that have been done to date since Carillion is the question of whether price is given too great a weighting and whether it is possible to win a tender just by putting in the lowest price, with the other criteria being given insufficient weighting. I am speculating that there may have to be a recalibration of weighting and that is something we will have to monitor.