While most, but not all early contracts, provide for the carrying out of a handback survey this is often close to the end of contract, our view is that Authorities should carry out an initial condition survey at least five years from the end of contract (or earlier in case of complex facilities such as acute hospitals). This should ensure that there is still sufficient funding in Project Co to pay for any required handback works which may not be the case if there is only two years remaining of the contract and equally as important, to look at opportunities to introduce NZ transition opportunities.