Mr. Fergal Mulligan:

It was referred to last week as a technical submission. In September 2017, there two bidders. SIRO left the process in August 2017 but it had all but got a draft submission ready, many aspects of which the Department had seen. Two bidders submitted a full draft tender in 2017. It was not a technical submission. It was a full, technical, financial and contractual submission in draft form as a dummy run for the final tender. That was the intent of that. In the commercial model that was put forward by Eir, it presented a bid of €2.7 billion which was in its letter as of Friday. That was exclusive of VAT and any contingencies as far as we were aware. That was its starting bid in the process.