Mr. David Moloney:

I absolutely do. When people think of what they want to do, such as to build a hospital, they think of a number associated with that. That is fine, and they think of that number as having some reality to it but of course it does not. Until the applicant has developed a business case and modelled out the financial flow associated with that particular project, they do not have a realistic assessment of cost. That is why it is so important to develop a proper business case. Even then, the only time they really know is when they go to market and the people who will build it bid for it. There are certainly challenges over time.