That's wonderful. I apologize for the technical difficulties this morning.
Thank you to Mr. Brockmeyer for joining us. His testimony has been very interesting.
This study has touched on a number of issues, both technical issues and issues around the procurement model and the question of how building high-frequency or high-speed rail can serve the national interest in a large country, so I want to touch on a few of the aspects we've been discussing so far over the course of the study.
Your firm, I imagine, has worked on both publicly procured projects and projects that have a greater role for the private sector, including P3s. What would you say are the biggest differences between public and private rail projects in Europe?