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GMWDA final sign off creeps closer for Viridor/Laing

Final confirmation of Viridor/Laing as the contractor for the £3billion Greater Manchester Waste Disposal Authority (GMWDA) private finance initiative (PFI) is still moving forward despite delays.

At the GMWDA meeting on April 4 2008, the authority confirmed its intention to award the contract to the preferred bidder and achieve deal close by April 29 2008.

However, final contract details are still to be agreed by the GMWDAs clerk and treasurer.

Treasury requirements must also be met before the £100million of PFI credits, which have already been approved, can be issued by the Department for Environment, Food and Rural Affairs.

GMWDA clerk Andrew Kilburn said: I am delighted that the authority has reached this further significant stage for Greater Manchester, bringing a world class waste service to the region and setting a European record in the size and scope of the contract.

 

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