A SHORTLIST of three companies hoping to take on waste services on the Island has been drawn up by the Isle of Wight Council.
The council announced today (Wednesday) that Biffa, AmeyCespa and Veolia were all in the running to take on the contract for waste collection and treatment from October 2015.
The contract could last between 15 and 25 years and be worth between £115 million and £225 million. It will succeed the existing contract with Biffa subsidiary Island Waste Services, which has been in place since 1997.
The council said it hoped the new contract would increase recycling, reduce landfill and provide value for money.
The three companies must present detailed proposals this summer and the shortlist will be reduced to two contractors in the autumn. They will go through to the final tendering phase and the successful company will be chosen in August 2015.
Executive member for finance and the PFI contract Cllr Jon Gilbey said: "At a time when the council is facing increasing financial challenges, it is really important that the new contract is affordable and offers value for the council over the life of the contract.
"In addition, we need to achieve the best recycling rates possible and divert as much waste as possible away from landfill to avoid costly landfill tax."
Executive member for sustainability Cllr Luisa Hillard said: "Our procurement team has been working very hard to make sure that this new contract will be more in-keeping with the council’s aspirations and the Island’s sustainable community strategy.
"We are looking for increased community benefit as well as large financial savings to get wide-ranging value for our residents. I am confident that through this new contract will see increased sustainability for the future of the Isle of Wight."
About the companies:
Oxford-based waste management company which already has contracts in Cambridgeshire, North Yorkshire, Scotland and Milton Keynes.
Set up the subsidiary Island Waste Services, which has been responsible for waste management on the Isle of Wight since 1997.
Provides services including waste management, street cleansing, recycling and park maintenance, in more than half of all London boroughs.