Mr. Brian Purcell:

I think that is the case. We entered into a joint project with Dublin City Council. A tender was issued and the contract was awarded to Michael McNamara. That proceeded down a particular route and then NAMA appointed a receiver to the Michael McNamara company in November 2010. As a result, all construction work on the project ceased. That gave rise to a complex legal procurement issue and other considerations. By that time, we had contributed almost €2.8 million to the project. At the time, the capital resources available to the Department were being cut and the comprehensive review of expenditure was carried out. As a result, we did not have the money to proceed even if we had been in a position to retender to seek a contractor to complete the process.