Project Co is required to maintain the Included Equipment during the Operational Phase. While Included Equipment will be determined on a project specific basis, it should include Equipment that Project Co selects and procures to ensure an effective whole of life risk transfer to Project Co in respect of that Equipment.
As with the regime for Equipment during the Development Phase, the Equipment regime during the Operational Phase is only included in the SIPD. Circumstances in which an Equipment regime should also be used for a Linear Infrastructure Availability PPP Project are considered in section 2.23.1.