Mr. David Moloney:

I do not have visibility of the full range of projects under the national development plan, but I am not aware of very many that have been cancelled. In effect, inflation at the same time as labour-supply and supply-chain shortages is placing great pressure on the industry. What we have seen are extensions of project timelines and rising costs. We have made changes to our public works contract to try to ensure a fair balance between contractors and the taxpayer in terms of being more flexible around price changes, but it is a full-employment industry and there are skills shortages. These factors have had an impact on the timelines of projects.