Thank you, Minister, for your statement this afternoon and for welcoming the Finance Committee's report regarding the mutual investment model. I did listen to your opening comments, but I think even you would have to admit that what you called 'Westminster-imposed austerity' has certainly come to an end—well, certainly recently this year, when you look at the massive amounts of additional investment that have been coming from Westminster to the Welsh Government to deal with the COVID pandemic crisis.

You mentioned the awarding of the contract to the Future Valleys consortium to complete sections 5 and 6 of the A465 dualling. We are well aware, all of us, of some of the long-standing issues that have plagued the current Clydach gorge section of that project, significantly over budget and over time. Can you give assurances that sections 5 and 6 will be better managed as this MIM scheme proceeds? Also, if you could say a little bit more about the community benefits, as I've been asked by constituents in the Gilwern area about those, and they're eager to know that those benefits do actually come on the ground, within good time and do deliver what is initially promised by contract.

You mentioned decarbonisation in your contribution, and specifically the planting of 30,000 trees. This is great news, by the way—I'm all for the planting of trees, particularly with road projects—but what is the timescale for this planting, and can you give us an estimated carbon recovery from that tree planting? We often talk about the need to input carbon budgeting into the normal budget process, but we don't often then hear the figures about the carbon recovery that's anticipated. So, either if you can give us that today, or if your officers can work it out—I think many Members would agree that carbon sinks are the way ahead. So, we need to see some figures for that.

You mentioned education and the tendering of projects using MIM contracts by WEPCo. This sounds a good opportunity for contractors. Will you be ensuring that there is an even playing field for contractors to bid? Often, in the past, this sounds great on the face of it, and we all see the importance of public sector procurement, but too often, in practice, contractors don't feel that they do have an even playing field to bid on, or the process could be better. It may be a commitment to minimum levels of supply chain engagement, which you talked about, but we want to aim higher than that, don't we? This isn't just about minimum standards, this is about reaching a higher level and, of course, having an ambition. Even if, at the start, that ambition seems too high, it's something that we should be aiming for.

I'm pleased that the future generations Act is included in your statement. Too often, it's seen as an add-on, and something that isn't incorporated into all departments in early parts of the decision-making process. So, I'm pleased to see that there. How are you ensuring that the delivery of that Act is central to the MIM model? I know there were similarities with private finance initiatives, some bad, some good, but I know that MIM does have several advantages over that. But I think if we can incorporate the future generations legislation fully into the MIM process, then that's beneficial to the way we proceed.

You've mentioned online resources. Now, in the past, I think that probably would have been less significant than it is now, but, clearly, at the moment online resources are all-important with the pandemic and lockdowns going on. So, could you tell us more about COVID-19 adaptations of the MIM process, certainly over the next couple of years?

Thanks for the update on the Velindre cancer centre. Please keep us updated on that and when that independent advice will be received. You mentioned the Development Bank of Wales and Welsh Government determining that that would act as a public shareholder in MIM schemes. That sounds eminently sensible to me, but can you give us an assurance that due diligence will be carried and it will be integral to the use of the development bank?

Finally, what safeguards can you give us that due diligence is being properly exercised across all of these potential MIM projects? Because we know what happened with the Heads of the Valleys scheme—a very ambitious scheme, something we all support, but at the end of the day, over time and over budget, and due diligence does seem to have failed there. So, what safeguards are you incorporating into the MIM system to make sure that doesn't happen on the next sections?