Appointment of a Financial Adviser to support Business Case of Commissioning a new Materials Recycling Facility
Milton Keynes Council · South East
Key facts
- Closing date
- 21 May 2021
- Contract starts
- 28 May 2021
- Contract ends
- 27 Jul 2021
- Procedure
- Open procedure (below threshold)
- Buyer type
- Local government
Description
Appointment of a Financial Advisor to support Business Case of Commissioning a new Materials Recycling Facility
Environmental Services Programme The Environmental Services Programme is looking at future service delivery for 2023. The major services in the programme touch all residents in Milton Keynes and include:
- Waste collection and cleansing; - Materials Recycling Facility; - Landscape maintenance - Play area Inspections and maintenance - Food and garden waste treatment; and - The operation and management of the household waste recycling centres.
The programme provides a transformation of the future services, including a change to the way we collect waste and recycling from residents and future proofing of our infrastructure (buildings and sites) and assets (plant and vehicles) for service delivery and to support the Council's Greenest City strategy. The programme also includes the management and operation of our Materials Recycling Facility (MRF) and infrastructure improvements.
The Council is currently preparing its Business Case for the decision on how the services will be delivered from April 2023. This includes packaging and the delivery mechanism for the Materials Recycling Facility, build in 1993 and owned by the Council. The facility is currently managed by Viridor.
Wood, the Council's technical advisers have compiled and identified the capital costs for the delivery of the capital programme to refurbish and rebuild elements of the existing facility. The capital spend profile and construction profile is understood.
However, in order to justify the capital spend and the meet the Councils existing revenue provision for the services provided the Council waste and finance team require a high-level analysis and financial P&L / revenue model that focuses on the differentiators as to how the MRF could operate, including (but not limited to);
- Labour & Pensions - Annualised Assets - Running costs (fuel/maintenance) - Third party Income - MRF/Commodity Offtake costs - Overheads - Profit
We have the proposed headline operational expenditure costs, size of the facility staffing numbers and operational hours information and the Authority will be satisfied to receive a scenarios that consider different value of commodities extracted from the recycling.
Financial Advisor Role The Council requires a Financial Adviser to review the work of Wood and to provide high level support developing the cost envelope.
Following the initial review the Council requires a Financial Adviser to prepare a Business Base to "Investment Decision" stage in accordance with HM Treasury Guidance "Guide to Developing the Project Business Case".
This request is for a business case to support the Authority up to investment decision stage
Additional information: Environmental Services Programme The Environmental Services Programme is looking at future service delivery for 2023. The major services in the programme touch all residents in Milton Keynes and include:
o Waste collection and cleansing; o Materials Recycling Facility; o Landscape maintenance o Play area Inspections and maintenance o Food and garden waste treatment; and o The operation and management of the household waste recycling centres.
The programme provides a transformation of the future services, including a change to the way we collect waste and recycling from residents and future proofing of our infrastructure (buildings and sites) and assets (plant and vehicles) for service delivery and to support the Council's Greenest City strategy. The programme also includes the management and operation of our Materials Recycling Facility (MRF) and infrastructure improvements.
The Council is currently preparing its Business Case for the decision on how the services will be delivered from April 2023. This includes packaging and the delivery mechanism for the Materials Recycling Facility, build in 1993 and owned by the Council. The facility is currently managed by Viridor.
Milton Keynes Council requires a Financial Adviser to review the work of Wood, the Council's technical adviser, and to provide high level support developing the cost envelope.
If you would like to register your interest in this opportunity, please visit Milton Keynes Council's e-tendering portal by clicking on the link to follow https://in-tendhost.co.uk/milton-keynes/
For queries about the E Tendering portal please contact [email protected]
Is a Recurrent Procurement Type? : No
Categories (CPV)
- 66122000 Corporate finance and venture capital services
- 66151000 Financial market operational services
- 66171000 Financial consultancy services
- 66152000 Financial market regulatory services
- 66150000 Financial markets administration services
- 66170000 Financial consultancy, financial transaction processing and clearing-house services
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