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PFI not preferred route for Sandwell despite reassessment

Sandwell Metropolitan Borough Council will not back private finance initiative (PFI) funding for its waste improvement plan (WIP) despite reconsidering it as an option, a councillor has told MRW.The original July 2007 approved WIP was to secure a partnership with a private sector organisation. But in December 2007, an external peer review (a 4Ps Gateway Review) advised the council to reassess its plans because of increases in funding through PFI credits in the ...