Mr. Eoin Dorgan:

It is a matter for the private sector regarding what it wants to tender for. The government of the day would have made its decision in terms of what was then the budgetary strategy. This would have been what was then available in terms of spending through public sources in terms of PPPs. It was then a matter for the sponsoring Departments and agencies, as we were saying, to bring forward such projects. In terms of risk sharing, this is, in some ways, covered as part of the value-for-money assessment in terms of how the risk is being shared. As we said earlier, the advantage of PPPs is that they allow the private sector to shoulder more of the risk than the public sector. This is a balance, because, to be fair, the unitary payments will effectively reflect the risk the private sector providers will be taking on in respect of the delivery of the project.