Mr. Ken Spratt:

My understanding, although I might defer to Mr. Doocey who is much closer to the project than I am, is that the revised public spending code has introduced changes. These allow us to be much more accurate in proceeding with projects, albeit subject to particular decision gates. We can provide timing estimations around the decision gates. However, we have learned from projects that have gone badly wrong that if one gets the delivery schedule wrong, they will ultimately come back looking for extra time and more money. Potentially projects could fail. We have some significant examples of that occurring where inaccurate delivery schedules were given. This caused all sorts of pressure, which led to delays, costs and the almost failure of the project.