Notice from the Authority. On, or within five Business Days after, the Expiry Date, the Authority’s Operating Period Representative will either:
(a) issue to Project Co a handback certificate confirming completion of the Handback Works (the “Handback Certificate”) and return the Handback Holdback to Project Co; or
(b) notify Project Co of its decision not to issue the Handback Certificate:
(1) stating the reasons for such decision;
(2) setting out each respect in which the Handback Works have not been completed or the Facility does not comply with the Handback Requirements; and
(3) stating the Authority’s Operating Period Representative's estimate of the cost of completing all work required for the Facility to comply in all respects with the Handback Requirements.
