Mr. Ciarán Ó hÓbáin:

It is a complex matter and it points to that. However, we have spoken to the key point for us which is that the approach the Department has taken with the NBP process has been to deal with regard to numbers with the worst-case scenario. It is appropriate to call out areas where there could be wins and a number could be lower and where there could be a clawback. However, to be fair, when one is looking forward this far, one has to call out what it might cost. The point made here today is that in the model Eir has talked about, which is a commercial model of delivery without the imposition of public money and all that comes with it, it says €1.5 billion whereas the equivalent in our model is €2.1 billion. However, that is not comparing like with like. They are two different projects.