Issue - meetings

As detailed in the recommendations.

The Chief Executive introduced the report which recommended the appointment of Wheelabrator Technologies Inc (WTI) as the Preferred Bidder and detailed the stages leading to financial close and the award of a contract.

RESOLVED:

(a)       That the award of Preferred Bidder status to Wheelabrator Technologies Inc (WTI) be approved on the following basis:

·        That following a rigorous dialogue and negotiation with WTI, the Call for Final Tender (CFT) bid submitted by WTI represents value for money for the partnership

·        Following detailed financial, legal and technical evaluation of WTI’s CFT bid, the partnership is satisfied with the risk balance proposed with the contract (‘Project Agreement’)

(b)       That authority be granted to the North Wales Residual Waste Treatment Project Joint Committee to take all the necessary steps to take the process forward with WTI from Preferred Bidder through to Financial Close, and award a contract.

NB – The Deputy Leader and Cabinet Member for Environment left the room during consideration of this item.