19. The deals are now in operation, but performance outcomes can only be assessed definitively much later. It will be 2015 before most of the capability upgrades are delivered, and the Infracos are not required to get the assets to optimum state and eliminate all the maintenance backlog until the end of the third review in 2026, 22 years into the deals.23 The evidence about how the PPP contracts are being managed to date shows that active contract management is essential to achieve these goals effectively.
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23 Qq 3-4, 106; C&AG's Report (HC 644), paras A1.3, Figure 2