3. Project - Documents Project Agreement Redactions Summary

The Council of the City of Wakefield Waste Management PFI Project
This document provides a list of redactions to the Project Agreement, which have
been made by the Council in accordance with the Environmental Information
Regulations 2004.
The Council has had regard to the exceptions contained in Regulation 12(5) and
considers that the following exceptions are potentially applicable:
(a) Regulation 12(5)(e) as the disclosure could adversely affect the confidentiality of
the commercial or industrial information where such confidentiality is provided by
law to protect a legitimate economic interest; and
(b) Regulation 12(5)(f) as the disclosure could adversely affect the interests of the
person who provided the information where the information was given voluntarily
and where the supplier of the information was under no legal obligation to supply it to
the Council and it was supplied in circumstances which do not entitle the Council to
disclose it.
Having established that the above exceptions may be applicable the Council has gone
on to consider the public interest test in accordance with Regulation 12(1) and has
concluded that in respect of the following redactions the public interest in maintaining
the exception outweighs the public interest in disclosing the information.
Where appropriate a timescale for the future disclosure of the redacted information is
specified. Where no such timescale is specified the information is to remain redacted
for the duration of the Contract (25 years) unless that information is brought into the
public domain by another means.
Redaction
Timescale
Definition of Agreed Abatement – full
redaction
Definition of Base Case Equity IRR – full 5 years after the Full Service
redaction
Commencement Date
Definition of Base Price of Diesel – full
redaction
Definition of Base Price of Effluent – full
redaction
Definition of Base Price of Fixed Cost of
Electricity– full redaction
Definition of Base Price of Fixed Cost of
Gas – full redaction
Definition of Base Price of Fixed Cost of
Water – full redaction
Definition of Base Price of Gas – full
redaction
Definition of Base Price of Red Diesel –
full redaction
Definition of Base Price of Sewerage–
full redaction
Definition of Base Price of Transporting
Contract Waste from Denby Dale Road
TLS to the South Kirkby Main Residual
Waste Treatment Facility – full redaction
Definition of Base Price of Transporting
Project RDF from the South Kirkby Main
Residual Waste Treatment Facility to
Ferrybridge Facility – full redaction
Definition of Base Price of Water– full
redaction
Definition of Base Senior Debt
Termination Amount – partial redaction –
Commercial element
Definition of BWM Deduction Cap – full
redaction
Definition of Change in Costs – partial
redaction – Commercial elements
Definition of Commissioning Tonnage –
Partial Redaction - amount specified
Definition of Compensation Event –
partial redaction – Commercial element
Definition of Contingent Funding
Liabilities – partial redaction –
Commercial elements
Definition of Contractor Default – partial
redaction - all amounts and values
specified
Definition of Council Default – partial
redaction - all amounts specified
Definition of Default Interest Rate –
partial redaction - amount specified
Definition of Distribution – partial
redaction – Commercial elements
Definition of Exempt Refinancing –
partial redaction - Commercial elements
Definition of Financing Agreements –
partial redaction – Commercial elements
Definition of Guaranteed C&I Tonnage –
partial redaction – all amounts specified
Definition of Guaranteed Council
Contribution – full redaction
Definition of Guaranteed Minimum
Tonnage – partial redaction – all
amounts specified
Definition of Guaranteed Third Party
Income (Non-Contract Waste Gate Fees)
–partial redaction - amount specified
Definition of Household Waste Recycling
Failure Adjustment –partial redaction –
10 years after the Full Service
Commencement Date
5 years after the Full Service
Commencement Date
all amounts specified
Definition of HWRC Recycling Failure
Adjustment – full redaction
Definition of Joint Insurance Account –
partial redaction – Commercial elements
Definition of Landfill Tax Sharing
Percentage – full redaction
Definition of Margin Gain – partial
redaction – Commercial element
Definition of Maximum Annual Tonnage
– partial redaction - amount specified
Definition of Project Company – partial
redaction - all amounts specified
Definition of Qualification Criteria –
partial redaction – Commercial elements
Definition of Qualifying Change in Law
– partial redaction – Commercial
elements
Definition of Refinancing – partial
redaction – Commercial elements
Definition of Relief Event – partial
redaction – Commercial elements
Definition of Replacement Security
(Delisting) –partial redaction - amount
specified
Definition of Revised Project – partial
redaction – Commercial element
Definition of Small Works and Services –
partial redaction - amount specified
Definition of Specific Change in Law –
partial redaction – Commercial elements
Definition of Sub-Contractor Direct
Agreement – partial redaction –
Commercial elements
Definition of Termination Date Discount
Rate – partial redaction – amount
specified
Definition of Threshold Equity IRR –
partial redaction – amount specified
Clause 9.4.2 – partial redaction –
Commercial elements
Clause 18.31.1 – partial redaction amount specified
Clause 18.31.3 – partial redaction amount specified
Clause 19.2.3 – partial redaction – all
amounts specified
Clause 21 and associated definitions –
full redaction
Clause 33.8 – full redaction
Clause 33.9 – full redaction
Clause 44.4.1 – partial redaction - amount
specified
Clause 55.1.6 – partial redaction - amount
specified
Clause 55.1.11 – partial redaction amount specified
Clause 55.2.1(b) – partial redaction amount specified
Clause 55.3.8 – partial redaction - amount
specified
Clause 56.1.3 – partial redaction –
Commercial elements
Clause 56.1.5 – partial redaction –
Commercial elements
Clause 56A and associated definitions –
full redaction
Clause 56B and associated definitions –
full redaction
Clause 57.1.2(c) – full redaction
Clause 61.2.1 – partial redaction –
Commercial element
Clause 61.8.2 – partial redaction –
Commercial elements
Clause 61.9.1 – partial redaction –
Commercial elements
Clause 61.9.3(c)(ii) – partial redaction –
Commercial elements
Clause 66.9 – partial redaction - amount
specified
Clause 66.14.2 – partial redaction amount specified
Clause 66.14.3 – partial redaction amount specified
Clause 77.12 – partial redaction - amount
specified
Clause 77.13 – partial redaction - all
amounts specified
Clause 77.16 – partial redaction - all
amounts specified
Clause 77.18.3 – partial redaction - all
amounts specified
Clause 80 and associated definitions –
full redaction
Clause 82.2.2 – full redaction
Clause 82.2.4 – partial redaction –
Commercial elements
Clause 85.1 – partial redaction –
Commercial elements
Clause 85.3 – partial redaction –
Commercial elements
Clause 87.2 – partial redaction –
Commercial elements
Clause 96.1.3 – partial redaction - all
amounts specified
Clause 100.2.2 – partial redaction - all
amounts specified
Clause 120.2 – partial redaction - amount
specified
Clause 120.3 – partial redaction - amount
specified