One of two massive waste projects in Norwich could be abandoned after the credit crunch sent costs spiralling by more than 50%.
Council officials have recommended that ‘Contract A’, a waste PPP worth around £500m, be scrapped because it is too expensive. Norfolk Council’s waste board said It would not be in taxpayers' interests "to continue with such an expensive project".
The government's £2bn budget for helping out struggling PFI schemes remains intact, despite departments redirecting extra money set aside for that purpose, the Treasury says.
JUNE NEWS ANALYSIS - A new study purports to show PFI schools are better than conventional ones, but actually highlights the difficulty of making any such claim.
Providing senior management for a complex and high value procurement of a 25-year Waste Treatment PFI Project to meet the needs of 2 Metropolitan Councils, you will be successfully develop, manage and deliver all project management processes within a Competitive Dialogue framework.
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