Mr. Kevin Meaney:

Typically, for recent building PPPs, 25 years is the generally accepted length of time. Some of the early roads projects were 30-year projects. The idea was the full construction cost was borne, if we went with PPP, by the private company and then there were unitary payments on an annual basis over either 25 years or 30 years. In the public sector benchmark, the comparison is not just the construction costs but also the ongoing maintenance costs that would bring such an asset to a standard at handover by the end of that cycle that it would be still in good condition for the State to use.