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Bristol Waste Fleet Renewal - NEW ITEM
Meeting: 04/12/2018 - Cabinet (Item 14.)
14. Bristol Waste Fleet Renewal 
PDF 140 KB
Additional documents:
- Appendix A1 Further details and analysis of proposalv3, item 14.
PDF 54 KB
- Appendix A2. Bristol Waste Fleet Business Case November Final, item 14.
PDF 304 KB
- Appendix F. Eco Impact checklist v5, item 14.
PDF 132 KB
Decision:
That Cabinet:
1. Noted BWC’s fleet replacement programme as described in the report
2. Approved the allocation of the Council’s financial resources, up to £12m, to support the phased replacement of the existing fleet by way of shareholder’s loans on commercial terms.
3. Delegated to the Service Director Finance, in consultation with the Cabinet Member for Finance, Governance and Performance, authority to set the terms and conditions of the required loans following submission of a satisfactory business case for each tranche of replacement/ investment.
4. Noted that the proposal for the replacement of the fleet does not preclude leasing options (rather than purchase options) if this can be justified as being strategically, operationally and financially beneficial.
5. Noted the procurement and award of these contracts are the responsibilities of Bristol Waste Company.