Deployment is failing with the error: " No method "format" for receiver {0} matches supplied argument"

Issue

Deployment is failing during the stack creation with the error:

...
2024-05-01 15:13:43Z [overcloud.Controller.0]: CREATE_FAILED  resources[0]: Property error: resources.InternalApiPort.properties.ControlPlaneSubnetCidr: No method "format" for receiver {0} matches supplied arguments
2024-05-01 15:13:43Z [overcloud.Controller]: UPDATE_FAILED  Resource CREATE failed: resources[0]: Property error: resources.InternalApiPort.properties.ControlPlaneSubnetCidr: No method "format" for receiver {0} matches supplied arguments
...
2024-05-01 15:13:44Z [overcloud.Controller]: CREATE_FAILED  resources.DataController: Resource CREATE failed: resources[0]: Property error: resources.InternalApiPort.properties.ControlPlaneSubnetCidr: No method "format" for receiver {0} matches supplied arguments
2024-05-01 15:13:44Z [overcloud]: CREATE_FAILED  Resource CREATE failed: resources.DataController: Resource CREATE failed: resources[0]: Property error: resources.InternalApiPort.properties.ControlPlaneSubnetCidr: No method "format" for receiver {0} matches supplied arguments
...

The resource seems to vary with each new attempt.