The North London Waste Authority (NLWA) will be holding a procurement information day for firms interested in bidding for its 25-30 year private finance initiative waste contract.
The announcement follows confirmation last month that the contract is to be supported by a record-breaking £258.4 million in private finance initiative credits from the Department of Environment, Food and Rural Affairs (March 25).
There are two elements to the waste contract which will include the opportunity for companies to separately bid for a waste services contract and a fuel use contract.
The NWLA is looking to develop a network of new and refurbished waste treatment facilities and to establish a fuel use which optimises energy recovery from solid recovered fuel.
Currently, more than a quarter of north Londons waste is recycled with the majority of the rest going to an energy-from-waste plant at Edmonton and landfill sites in the home counties.
Both contracts are expected to be awarded in 2012, with the waste services contract to commence in 2016 and the fuel use contract to be operational by 2017.
The PFI grant is estimated to be worth £481m in cash terms over time, overtaking the Greater Manchester waste PFI deal. According to the NLWA, the flagship procurement project will be one of the most valuable in western Europe, handling around 3% of the national municipal waste tonnage by 2045.
The Official Journal of European Union Notice will be issued in due course, but firms that wish to learn more about the procurement opportunities will be invited to attend the procurement information day on April 21 2010. Potential bidders wishing to attend should in the first instance should submit an initial expression of interest to firstname.lastname@example.org by April 14 2010.