Thank you, Mr. Chairman. I’d like to thank the department for the Deh Cho Bridge Project Estimate Summary. I find it kind of interesting that the issue doesn’t largely seem to be one of a construction nature. It looks like the actual construction costs have only increased by about 3.7 percent as the estimates that we’re currently receiving from the department from the estimates that were originally budgeted in May of 2009 compared to the estimates from the GNWT today that takes us to the end of the project. That’s only about a 3.7 percent increase. That’s actually pretty good.

I think our issues further down the page there are that there’s a substantial increase of the management and interest costs. I guess mostly in those areas and even the contingency’s gone down a bit. But it looks like the construction management and corporate management and interest costs are the majority of the request here. It’s almost $11 million of the request for $15 million. Almost $11 million of it is just management. This actually gives me a little more comfort to know that the construction costs have a little bit of control here. If it’s only estimated to be higher than what the original budget was from May 2009 by 3.75 percent, approximately, then it’s actually not too bad.

Maybe the issue here is not what’s happening over the waters of the Mackenzie but maybe more or less the management of the project seems to be a little bit out of control here. But to know that’s where the cost is, also recognizing that that type of cost is also a lot easier to control than had the cost been more unpredictable with the construction portion of the project. I am offering that as maybe something that would make it easier for the government to manage or control costs, because the majority of the costs seem to be in management.

It’s difficult to control interest costs, no doubt. I don’t know why the interest cost has gone so high from the original estimates. It’s almost $3 million and just change in interest costs. I’m not sure why that occurred if the money was advanced at a certain date and the schedule for payback is happening, or it’s scheduled to happen in the future, then I don’t know why the big shift in interest. Maybe I will ask that question of why the interest cost. I think the corporate management, construction management

is probably self-explanatory, but I’ll ask on the interest costs.