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Thread: Poolbeg Incinerator - break clause in contract

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    Poolbeg Incinerator - break clause in contract

    Prime Time revealed tonight that the PPP contract for the Poolbeg Incinerator is due to expire this Sunday. Is this the end of this outrageous project?

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    He3
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    Paul Cunningham had the story. It is not accurate to say it is due to expire - but it is capable of being terminated.

    Will DCC terminate?

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    Will Covanta???


    or will the two just renegoiate new terms?
    Seeing the CPO was issued by DCC, they must have an end game in mind!
    Wonder did Gormley know??
    Behind every great man is a woman rolling her eyes.
    Jim Carrey.

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    Didn't the Council say a while back that there was a put or pay clause. This break clause would seem contrary to this.

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    Quote Originally Posted by Barnacle View Post
    Didn't the Council say a while back that there was a put or pay clause. This break clause would seem contrary to this.
    DCC would not answer questions posed by RTE citing "commercial in confidence". This secrecy is typical of the undemocratic nature of Public Private Partnership contracts.

    This white elephant of a monster of a project must now be killed once and for all.

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    Quote Originally Posted by Lennon View Post
    Prime Time revealed tonight that the PPP contract for the Poolbeg Incinerator is due to expire this Sunday. Is this the end of this outrageous project?
    The recent CPO for some of the relevant lands would indicate that the parties are still committed to it.

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    Quote Originally Posted by Baron von Biffo View Post
    The recent CPO for some of the relevant lands would indicate that the parties are still committed to it.
    They need a foreshore licence to proceed and Minister Gormley is stalling that. Come Sunday either party can legally walk away from the contract. RTE hinted that commercial reality will mean that Coventa may put a stop to it.

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    Quote Originally Posted by Lennon View Post
    They need a foreshore licence to proceed and Minister Gormley is stalling that. Come Sunday either party can legally walk away from the contract. RTE hinted that commercial reality will mean that Coventa may put a stop to it.
    I thought they said they didn't need a foreshore licence if they get the CPO?

    "Commercial reality" is what will kill this project, whether or not it gets built. It's really a relic of the Bertie era of unrestrained irrational optimism about how fast and how far the economy would grow. Waste volumes are falling and they won't be picking up any time soon, even if we do return to economic growth. The world has moved on and so should Dublin City Council.
    Worth breaking my "no sig" rule for:
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    Quote Originally Posted by Lennon View Post
    They need a foreshore licence to proceed and Minister Gormley is stalling that. Come Sunday either party can legally walk away from the contract. RTE hinted that commercial reality will mean that Coventa may put a stop to it.
    Why then did they bother with the CPO? My guess is that they know Gormley will be toast no later than 2012 so they're prepared to press ahead and ignore him as much as possible and have it up and running as soon as they can.

    He had nearly 3 months from the time he took office until the contract was signed to stop it if he wanted to but he did nothing. All he's doing now is making a bit of a nuisance of himself and possibly exposing the state to compensation costs for stalling it.

    I look forward to someone staging a photo of a truck with Gormley election posters on the back driving through the incinerator gates.

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    Quote Originally Posted by Lennon View Post
    Prime Time revealed tonight that the PPP contract for the Poolbeg Incinerator is due to expire this Sunday. Is this the end of this outrageous project?
    If the Break clause provision is true; officials from Dublin city council should spend the rest of their lives in prison for misleading the public i.e. their paymaster (or should be!).

    I am furious about this if true (and I’m from Cork); I will swear to vote Green in the next election if Gormley is proved to have been right all along on this issue.

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