How to trap DTS_E_CANNOTACQUIRECONNECTIONFROMCONNECTIONMANAGER error

I am getting a DTS_E_CANNOTACQUIRECONNECTIONFROMCONNECTIONMANAGER error ( The AcquireConnection method call to the connection manager "abc" failed with error code 0x........). This is a result of a timeout condition starting the connection. This error occurs during the validation phase of the data task. I seems that this error is not passed to the OnError event handler (package level). I am running in SSDT (SSIS 2012).

Is there any way to catch this error?

Thanks,

James