You talk about the coefficient of variance, and I just want to get an idea, having also been in business. When five companies bid on a project, for example, and you're saying the coefficient of variance in the bid amount is between 0.04 and 0.06, you're dealing with companies that are probably mature and also are big companies that do this consistently. You're not going to invite new companies or disparate companies from other economic areas. You're dealing with a very small number of companies. Would you not expect a mature company that has been in business for such a long time to be somewhat in the same ballpark? I'm just wondering, because you mentioned that that coefficient would in some ways contribute to some amount of collusion. However, for me, having been in business for a certain amount of time, I think that after a certain period of time you would have an understanding of where the numbers should be, especially with the companies that you're dealing with that are large companies that do this on a continuous basis, and would be expected by their experience to have a ballpark that would be within that variance.
On November 2nd, 2017. See this statement in context.