Mr. Paul O'Neill:

I will take the Kilcarbery project, which was in our opening statement, as an example of one of our current initiatives. The local authority set a tenure mix of 70% private units and 30% social units and engaged a contractor through a bidding process. The contractor bids in the value of the cost of building the social units. That is then the payment from the local authority to the contractor. Separately, the contractor also bids in a land contribution payment which it proposes to make to the council in return for the residual land. They are both separate payments. In land swap deals in the past, the payments were more aligned or linked to each other, and when the land values at the time decreased, it had implications for those projects. Those payments are separate now because of the current learnings and the new the structures in place.