Okay.
That number, if it's higher than that, would purchase the entire capital plan for the City of Belleville, Ontario. If my numbers serve me correct, I think that's a value that the taxpayers should be concerned about.
We've had witnesses here who've testified that U.S. studies show that closed tendering increases the inflation, if you will, to taxpayers 12% to 18%. The Greater Essex County District School Board, after religiously tracking purchase order invoices for a period of three years for one of the six unions that used to be part of the monopoly there, said 10% to 20%. So these numbers are not insignificant when you're looking at value for money.
Is closed competition troublesome because it removes the possibility of a low bid coming in that keeps the pack honest? How would you characterize the inflation in terms of the mechanics of the process?