Review of First Five Years of the re3 Joint Waste Public Finance Initiative
To receive a briefing on the work undertaken to review the first five years of the re3 Joint Waste Public Finance Initiative and identify the partnership’s next steps.
Additional documents:
Minutes:
The Board received a presentation in respect of a review of the first five years of the re3 Joint Waste PFI.
It was reported that good progress had been made during the first five years of the contract and that there were a number of successes in a range of areas. Where performance had been less than expected. Analysis had found that the macro economic situation had had a significant impact on the areas in question. Items of particular note included: a reduction in the average volume of waste generated by each household from 507kg in 2002 to 437kg in 2010/11 a reduction of 14% compared to the 16% reduction that had been set for the life of the contract. In addition, the new facilities provided by the PFI have helped to ensure that the percentage of waste recycled and composted has increased and levels of waste going to landfill had fallen by approximately 20% over the first five year period.
Over the next twelve months, the re3 Project Team would work to develop a strategy that would ensure that the PFI continued to be fit for purpose whilst at the same time enabling the Board to take advantage of any opportunities to develop and progress the service. The Board stressed that any proposal must go through the appropriate internal arrangements within each council first so that the Board was in a position to make a fully informed decision.
The Board commended the presentation and associated report and suggested that the Project Team give presentations to wider groups of members in all three authorities.
It was hoped that sessions would be arranged in the autumn to give Board members the opportunity to develop a more in-depth understanding of the contracts and their constituent parts.
RESOLVED that: