Events provided for in the contract

A project deed may provide for a variety of change events, including:

•  transition from one project phase to the next: 

-  construction phase to service delivery phase, with associated changes to payment and performance reporting; 

-  end of contract term, which may involve ceasing services, extending service delivery under similar or different arrangements, or other outcomes; 

•  changes defined in the project deed, such as reviewable services; and

•  changes contemplated under the project deed, the timing of whose occurrence may not be predictable, e.g. change in ownership.