7.3 Opportunities identified from condition surveys

As an example, the outcome from the handback condition surveys presents an ideal occasion to consider opportunities for the development and implementation of carbon reduction projects/technologies. However, this is predicated on the Authority, in the first instance, using the Condition Survey Report and acting upon 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 jointly appointed) building surveyor, will set out on an elemental basis, a condition appraisal of the facilities, the 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 inform additional Decarbonisation Options Assessments that could be undertaken to identify carbon reduction opportunities. The Decarbonisation Options Assessments in turn can be used to initiate discussions with Project Cos and their FM service providers around the possibility of carbon reduction opportunities, mindful of the Authority's own NZ aspirations and corporate objectives and those of the Project Co and FM service provider.