Senator Finucane asked about the PPP project comprising five post-primary schools. The Comptroller and Auditor General has already commenced a value for money audit of that project, which was the first PPP pilot scheme to reach financial closure. While we learned a great deal from the schools project there were problems, particularly in relation to the cost of private finance. The development of our proposals for the NDFA, with its emphasis on optimal financing structures and value for money, owes much to the evaluation we made of the schools PPP project and other early projects under the pilot programme.