Seán Fleming (Laois, Fianna Fail)
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I thank Mr. Watt. Members have indicated in the following order: Deputies Burke, Cullinane, Kelly, Connolly and MacSharry. The first speaker has 20 minutes, the second speaker 15, and third and subsequent speakers ten minutes each. I will keep strictly to the time, and people will get an opportunity to come back in a second time. The term "public private partnership" has been used. Before I call on the Deputies, will Mr. Watt explain to the public in straightforward English what precisely is meant by PPP? They can be design, design-build, design-build-operate or finance. It is a very broad term. Will Mr. Watt explain why some are one kind and others are another kind? We have used the term "PPP" probably 20 times already, so I ask him to tell people what a PPP is. This is for the benefit of people watching these proceedings on the television.