7.4  The Annual Investment Programme

The Annual Investment Programme for the [period up to expiry of] first Payment Year is set out in Part 2 of Schedule 5 (Annual Investment Programme).  No later than three (3) Months before the commencement of each subsequent Payment Year, the Service Provider shall submit, pursuant to the Review Procedure, a draft Annual Investment Programme in respect of the subsequent Payment Year which shall contain the following information:

(a)  details of the Service (excluding the Core Investment Works) that the Service Provider intends to undertake in the relevant Payment Year (on a street-by-street basis);

(b)  details of the Project Network Parts which the Service Provider reasonably believes it will replace in the three (3) Payment Years following the Payment Year to which such Annual Investment Programme relates;

(c)  having made due enquiry, details of significant transportation projects or other programmes of works that the Authority or a third party is planning to carry out during the twelve (12) Month period following the date of the relevant Annual Investment Programme;

(d)  having made due enquiry, details of the relevant activities of any Statutory Undertaker in the affected streets and how the Service Provider intends to co-operate with the same,

and the Annual Investment Programme shall comply with the provisions of Method Statement 3 (Annual Investment Programme).