Source: The Independent

By Tim Webb

Billions of pounds of taxpayers' money will be wasted if local authorities put out "London Underground-style" Private Finance Initiative contracts to handle household and commercial waste, the head of the UK's largest waste company has warned.

Cyrille du Peloux, chief executive of Veolia Environmental Services, said that government plans to separate out contracts for the collection, treatment and disposal of waste would be a "nightmare".

Analysts estimate that more than 200 new plants - for treating, separating and recycling waste - will have to be built over the next decade at a cost of at least £13bn to meet new targets for reducing the use of landfill sites. Some 30 local authorities will put out to tender PFI contracts lasting at least 25 years over the next 18 months to operate and build these facilities.

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Posted by pichu at February 25, 2007 11:30 AM