Thank you very much, Madam Chair.
Ladies, Mr. Minto, good afternoon to you.
I would like to ask you some questions about the $25,000 and $100,000 contracts. If I understand correctly, a contract of less than $25,000 does not necessarily have to be advertised publicly, and may be negotiated directly between the public servant responsible for a file and the suppliers. Is that an accurate picture of the situation?