Ms Cathy Bryce:

It is important to make a clarification. I think the Senator is referring to the regeneration scheme PPPs. They used the same name but were very different from the model I referred to for social housing bundles 1, 2 and 3. That is because those earlier schemes never envisaged that the private sector would operate and maintain the houses over a long period. They were up-front schemes and similar, in some ways, to the land initiative schemes I referred to in my opening statement. There are slight differences in how they are bid. I ask Mr. O'Neill to explain that aspect.