mr. huish told us a month or two ago on a priority basis that is why it was held up. it's not like staff has been sitting here doing nothing in 20 months, but with other investment works going on. so i don't know the whole reason why this rfp was held up, but it's a combination of issues. >> why the hedge fund wasn't held up? >> i believe the issue, the rfp could have been held up until the managing director hiring, that is another issue i followed up, the parallel tracks that affect the whole rfp process. >> to answer two of your questions and i heard two questions. one is as presented we are offering prospective proposers the opportunity to bid the securities lending and custody together. for custody alone or securities-lending alone, which is a decision that we made a couple of years ago and we have no reason to believe it wouldn't be wise to continue with the rfp with the same idea. we want to be able to position ourselves to potentially have two providers. custody provider and then a separ