Verona Murphy (Wexford, Independent) | Oireachtas source

I appreciate that. I am mindful that, given the times we are in, there will be a significant increase in the cost of projects that were the subject of applications that were sent in last March. That is just the building industry in general. The sooner the better, as they say, and it will all be good in the end.

Turning to section 7.7 on page 87, I am fascinated and would like an answer as to why a company that was limited by guarantee was set up for Galway 2020. It was a diversion from the original structure. Why was it set up in that way, why was the older model not followed and who made the decision to divert? What research was undertaken to determine that it was a better model and will the company be wound up at the end of this year? Who wishes to take these questions?