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Is Greater Manchester closer to sealing PFI deal?

It appears that the Greater Manchester Waste Disposal Authority (GMWDA) and its preferred bidder to run the £3 billion 25-year year private finance initiative (PFI) deal may finally be close to signing the contract.The authority has committed to a timetable put forward by the consortium of Viridor Waste Management and John Laing Investments (Viridor Laing) to achieve financial close by June 6 2008.GMWDA chair councillor Neil Swannick said: Although the authority ...