Seán Fleming (Laois, Fianna Fail) | Oireachtas source

I will now go back to the earlier document No. 1795. There are three documents touching on the same organisation, namely, the Ireland Strategic Investment Fund, ISIF. On the rationale for extending maintenance of metropolitan area network contract with Enet, the earlier document stated:

Enet was awarded the first Concession Agreement for an initial 15 year term in July 2004. In July 2009, following a further procurement process, Enet was awarded an initial 15 year contract to manage the 60 Phase II MANs.

They say that in that original contract there was provision for a roll-over for another ten years. On page 4 and 5 they also state "Norcontel Consultants were engaged in April 2016 and provided advice and modelling on the financial and commercial aspects of both options", as in "an extension of the Term or [a] return to the market for the purposes of securing a new Concession Agreement". They are saying that the consultants came back and recommended an extension of the contract was the most beneficial from a financial perspective.