As mentioned above, the outcome from the handback condition surveys presents an ideal opportunity to engage with Project Co and FM service providers to consider opportunities for the development of both monetary and emissions savings opportunities. However, this is predicated on the Authority in the first instance using the survey report and any recommended course of remedial actions in conjunction with a consideration of the standards and remedies under the Project Agreement.
The reports issued by the Authority's (or indeed jointly appointed) building surveyor will set out on an elemental basis a condition appraisal of the facilities, anticipated remaining lifecycle based on condition and or accepted good industry standards including a potential expenditure cashflow/profile typically for the next 10 years. The reports typically contain a status and condition appraisal of all engineering services, building fabric elements and equipment including a photographic schedule.
The information contained within the handback reports, combined with the project asset registers, planned preventative maintenance and lifecycle plans provide a robust platform to initiate a discussion with Project Co and their service providers. These discussions should focus on the possibility of NZ interventions and opportunities mindful of the Authority's own NZ aspirations and corporate objectives.