A contract for an energy from waste plant to be built by FCC Environment for Buckinghamshire County Council has been signed by both parties.
The £275m contract was originally awarded in July 2012 but the decision was subsequently called in for consideration by the county’s overview and scrutiny committee, which then announced there were no grounds to refer the decision back to either the council or the cabinet.
The EfW plant in Greatmoor, north Buckinghamshire, will handle 300,000 tonnes of waste a year. As well as creating around 300 temporary jobs during the construction phase, there will be 64 permanent jobs at the site and a further 31 further in the supply chain.
The 30-year contract will be funded through construction-only finance and borrowing, and work is expected to start this year.
FCC Environment chief executive Paul Taylor said: “We are delighted to have reached this important milestone with Buckinghamshire County Council, and are looking forward now to delivering the facilities and an integrated service that the county can be proud of.”
Neil Gibson, the council’s director for communities and built environment, said: “Both the council and FCC Environment have worked very hard to reach this stage and ensure that Buckinghamshire’s waste will be managed more sustainably in the future.
“The EfW facility will not only divert substantial amounts of waste from landfill but it will also be saving our council tax payers over £150m over the life of the contract.”