The cost of building a new shredding facility at the Waterdale Shredding Plant has shot up from £4.5m in 2021 to £13m, councillors were told at a Hertfordshire County Council (HCC) meeting.
At the meeting of Hertfordshire County Council’s Resources and Performance Cabinet Panel on December 1, Garston County Councillor Tim Williams questioned County Officers about why costs have tripled. Cllr Tim Williams wanted to know if business plans, and risk assessments had been done at the outset before embarking on this project.
Director of Corporate Finance Scott responded to the Cabinet Panel saying the price rises can be attributed to inflation, disruptions in the global supply chain caused by the war in Ukraine, and also advised additional requirements had been made by the Environmental Agency before construction. It was agreed that the Waste Management Team at Herts County Council will provide Cllr Tim Williams, and the Cabinet Panel, a detailed response highlighting why the cost of this project has tripled.
County Council Tim Williams said that everyone on the Cabinet Panel was “surprised and shocked” to hear how much costs are set to rise on the project and stated “whilst inflation, and the global supply chain being effected by the Ukraine, might cause prices to increase somewhat, they shouldn’t be tripling, and we really do need answers.”
It is understood that in order to finance the build at Waterdale then funds intended for other developments at waste centres in the north of the county will be redirected to complete this shredding plant.
Link to the Recorded Meeting, its 14 mins 40 seconds in – https://aisapps.sonicfoundry.com/AuditelScheduler/Player/Index/?id=62400b63-1fee-4844-af18-48e2ad9a1952&presID=040e481a73ea471b92cc651384e5cc5a1d