News
TEG concludes contract Co Mingled Waste with Essex County Council
15th March 2010
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The contract is a Framework Agreement for a 4-year term during which TEG will bid annually for waste, in lots, that will be available each contract year. The waste volume for the remaining period of 2010 has already been determined by the Council and TEG will receive an estimated volume between 7,000 and 11,000 tonnes over the 6 month period from 1 June 2010. The volume and revenues for the remaining term of the Framework Agreement will be determined at the start of each Contract Year.
Commenting for TEG, Chief Executive Mick Fishwick said: "We are delighted to have been awarded the Mixed Waste contract by Essex County Council and Southend Borough Council. TEG has already been successful in renewing key contracts with existing customers and with the award of this Council contract the Carleton Rode facility will be at full capacity by June 2010, exceeding the objectives set by the Company on acquisition."
ENDS
Contact:
The TEG Group Plc Tel: 01772 644980
Peckwater PR Tel: 07879 458 364
Canaccord Adams (Nomad) Tel : 020 7050 6500
Robert Finlay
Guy Blakeney
