Mr. Gerard Brady:

The challenges we see are multifaceted but as we say in our document, the focus on efficiency in delivery is our main objective. It is about getting projects built. Often, we get obsessed about overruns, which are important, but we do not get obsessed enough about when things are not built and the challenges of, in many cases, knowing for decades that a piece of infrastructure needs to get built and it not getting built. We will have major issues, particularly with water and wastewater in the coming years, and with things we have known were issues for three decades that are still not getting through the processes of the system. We have tried to outline ways to speed up delivery and the effectiveness of said delivery as much as putting a focus on any other area of cost or anything else. Our big challenge, which we hear all the time from the business community, is the frustration caused by projects that have been on the books for years, in some cases decades, not getting delivered and the cost this imposes. When we do not deliver these projects, it is not the case that the projects just are not built. They never get cheaper; they always get more expensive over time and there are massive costs to not building them in the first instance.