Thank you, Chair.
As we mention in the report, the department did consider other options but did not implement them.
I think it's important, and we try to make the point here, that CEEA-T did not meet the conditions under the contribution agreement, which said that they were to request payment only after they had paid their subcontractors. We also indicate that obviously government was trying to do the right thing and ensure that the subcontractors were paid for the work that was done, but we believe that $3.2 million was put at risk because payments were made to an insolvent company and there was, as far as we could determine, no guarantee that the payment would actually go to the subcontractors.