Mr. Dominic Doheny:

To follow up on that, in my company, we develop projects, we build them ourselves etc. The Deputy's focus is on the tendering procedure and looking at overruns. The question for our industry is how we can explain why there have been so many tender overruns. The one thing that we have to get right when developing a project is our budget. If the budget is wrong, the tender is never going to be right. I would propose that budget information has to be looked at as opposed to tender information. The Deputy uses the language of "we were told". Who told him that and what information was behind that? That should be examined. As Mr. Parlon said, when one goes to tender, it is extremely competitive. One goes into tender and one then has to deliver what has been tendered for. It is a very rigid, controlled process. If the budget was wrong in the first place, the tender will never make up for it.