Waltham Forest recycling contract won by Verdant

23 January 2007

THE contract for Waltham Forest Council’s new integrated waste and recycling has been won by Verdant Group plc.

This is the first time that Verdant, which is a leading, privately owned independent waste-management firm, has won a contract with a London borough.

The five-year contract, expected to start in April 2007, is worth almost £6 million each year.

Waltham Forest Council leader Clyde Loakes said: "This is great news for Waltham Forest. This award means that there will be no reduction in this important, high-visibility service, and we will be saving borough residents around £600,000 a year.

“Basically, by combining our recycling and refuse service, we have created efficiencies in terms of management, staff, and transport."

Waltham Forest Cabinet member for the Environment, Cllr Bob Belam, said: "We're very happy from an environmental perspective. In terms of recycling, Verdant has provided plans for achieving a 33% recycling rate in the short term, and a 50% recycling rate in the longer term. This will help the council avoid future landfill tax that could be around £3 million by 2010, a sum which obviously would have had a very negative impact on Waltham Forest Council's finances and borough residents.

Verdant managing director Simon Miles said: "The exciting news about Waltham Forest's waste and recycling contract rounds off what has been an excellent period for Verdant and, significantly, represents our first local-authority customer in the greater London area.


“We are confident we can help Waltham Forest lift its recycling rate further, which has obvious local and national environmental benefits, and deliver a service of which residents can be proud."

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