Private Finance Initiative: Difference between revisions

Revision as of 04:47, 8 November 2019

In its desire to stimulate investment in waste infrastructure, and underpin the diversion of BMW waste from Landfill, the Government supported/subsidised a range of treatment technologies on a number of sites that were procured by Waste Disposal Authorities needing this infrastructure through a dedicated long term Private Finance Initiative (PFI). This arrangement has now ceased, several schemes which were to have been funded had their funding removed after DEFRA assessed that the BMW targets could be met with the infrastructure funded to that date, and several are currently being considered by Waste Disposal Authorities for movement out of PFI after consideration of the cost benefit of continuing with the contract.

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	In its desire to stimulate investment in waste infrastructure, and underpin the diversion of BMW waste from ~~landfill~~, the ~~government~~ supported/subsidised a range of treatment technologies on a number of sites that were procured by ~~the local authorities~~ needing this infrastructure through a dedicated long term Private Finance Initiative (PFI). This arrangement has now ceased, several schemes which were to have been funded ~~have~~ had their funding removed after DEFRA assessed that the BMW targets could be met with the infrastructure funded to that date, and several are currently being considered for movement out of PFI after consideration ~~by the local authority~~ of the cost benefit of continuing with the contract.		[[Category:Legislation & Policy]] [[Category:Economics]]
			In its desire to stimulate investment in waste infrastructure, and underpin the diversion of [[BMW]] waste from [[Landfill]], the Government supported/subsidised a range of treatment technologies on a number of sites that were procured by [[Waste Disposal Authorities]] needing this infrastructure through a dedicated long term Private Finance Initiative (PFI). This arrangement has now ceased, several schemes which were to have been funded had their funding removed after [[DEFRA]] assessed that the [[BMW]] targets could be met with the infrastructure funded to that date, and several are currently being considered by [[Waste Disposal Authorities]] for movement out of PFI after consideration of the cost benefit of continuing with the contract.