Mr. Seamus McCarthy:

No, I cannot think of another circumstance like that. I do not have particular details on this specific project, but it sounds like a tender process was under way and, when the offers came in, the project turned out to be much more expensive than the university estimated it would be. That is one of the points of doing a business case, in that you project what the costs will be and you weigh those against the benefits that the project is going to deliver. If the costs outweigh the benefits, that must be considered. There may also be a question of whether the university has the funding to go ahead with the project. It could not commit to a project without having the funding in place.