Mr. Micheál O'Connor:

One might operate differently. Value for money has been mentioned a couple of times. Something we see working in the private sector is that all clients, or certainly the clients we work for, will try to get to the point of making sure the price is right for the project. That is critical. There has to be a level of certainty that the contractor in question can deliver that project for the price agreed. That is not necessarily the price that is bid because there is a clarification process. These are very complex documents. There can be a clarification process in terms of making sure the contractor has interpreted the documents correctly and it has priced for all of the scope and risk associated with those documents. The bottom line is, you have to get to the right price because then there is a level of certainty that the project can be delivered for that price and the contractor and client can be successful. You never want to find yourself in a situation where the price is wrong and then you run the risk of a contractor falling over as it tries to deliver that project. That just leads to delays and a whole lot of peripheral problems around legalities and so forth. The private sector puts a huge emphasis on and a huge amount of the workload is making sure prices are appropriate for the projects being delivered.