Mr. Jim Breslin:

The only variable in the guaranteed maximum price relates to the exclusions from the contract. We have been asked by the Government to carry out a scenario sensitivity analysis on the impact of those exclusions. That is not complete but it includes inflation of approximately 4% from July 2019. I do not think that would result in the project cost increasing to over €2 billion but we will complete analysis and advise the Government on exactly what the sensitivity will be.