Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBOM Partially Public Finance
# of Projects: 1
100% of the Results

Background informationProject Created: July 28, 2009

Project Name: Nottinghamshire Waste Management Project
Year in Operation: 2006
Sector: Water & Waste
Subsector: Solid Waste
Status: In Operation
Type: New Facility
Description: The project is for the disposal and recyclying of 460,000 tons of household waste per year, collected from the seven district councils in the county. As part of the contract, the concessionaire will have to increase the rate of recyclying from 37% to 52% by 2020.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: PFI; The project is made up of two contracts, one for collection and disposal services, the other for construction services. The second contract is conditional on the private sector staying within a predefined cost envelope for construction.

Project Locations

Address:
City: Nottinghamshire
State:
Country: United Kingdom of Great Britain & Northern Ireland

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: The land is owned by the local government of Nottinghamshire and the Crown government.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): The private sector entity will operate and maintain the facilities for a concession period of 26.833 years.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The project is financed by the Crown government.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: NOTE: PUK defines the finance method as "corporately financed."

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? Yes
Project Finance Method: All or Partially By Public Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
26
3
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: June 26, 2006
Project Value
Hard Cost
Hard & Soft Costs
Construction
$100-250 Million US
(none)

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