Mr. Paddy Howard:

Let us consider PPP as a policy that we are employing. Where are we with it at the minute? It is as I outlined. This is a technique that we would use. Its distinctive feature though, to make it clear, is that as our colleagues have explained, it places the risk on the parties that we deemed best able to manage it. That is why in the current situation, if this was a traditional procurement, we would not be saying much that is different from what we are saying now but in a PPP, there are additional concerns, namely, there is a contractual arrangement on somebody else to perform it. There is a private sector entity out there that has to perform and we will be deficient in our public duty if we did not insist that they live up to that responsibility.