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VT Group lands Wakefield's £700m PFI deal as preferred bidder

Preferred bidder for a £700 million waste and recycling programme in Wakefield has been announced as the VT Group (VT), a defence and support services company. Under a 25 year Private Finance Initiative (PFI) deal VT will build, operate and maintain facilities for Wakefield Metropolitan District Council. The scheme has already secured £33 million from the Government. Contracts are expected to be completed in 2008, then construction will start in 2009 to be completed by 2011. With this ...