Professor Eoin Reeves:

There will be contractual provisions to ensure that the asset is maintained within the period of the contract and that is as far as anybody is looking. They are looking at a 20 to 25-year period. On the question of whether it will be worth anything in 25 years, Deputy O'Connell does not know, I do not know and the Department does not know. We simply cannot answer that question. We have not suggested and nobody else that I am aware of has suggested there is an incentive for the operator to sweat the asset or to run it down. They might have an incentive at some point to exploit the value of the asset and sell it. That happens in PPP contracts.