Finding from the 52 Expiry Health Checks
The readiness of each project was assessed using the following terminology.
| Red | Red / Amber | Amber | Green / Amber | Green |
| Critical additional work required to achieve target readiness | Major additional work required to achieve target readiness | Moderate additional work required to achieve target readiness | Limited additional work required to achieve target readiness | At target readiness given the time to expiry |
The overall averaged readiness for expiry of the 52 projects is Amber (see chart top of p19), however, this masks significant variance in project readiness, with 54% of projects being rated Amber to Red (see chart right, and middle of p19). The results also showed that projects closer to expiry were likely to have lower readiness than those projects further from expiry (see chart bottom of p19). This reflects our expectations that projects closer to expiry should have undertaken more expiry work.
The results also show that 19 of 21 projects expiring before the end of 2024 were assessed as Amber to Red, which indicates that there is an immediate need for action on these projects to minimise the loss of value and disruption to public services. The IPA's CoE is working with departments to improve these contracts' readiness for expiry. There are a number of factors causing the projects closer to expiry to be redder, however, a general theme is that these projects would have benefits from earlier expiry preparation. The EHC process will help kick-start expiry preparation for all projects 7 years before expiry.
