Nov. 25. 2008

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Nov. 25. 2008

9: 27 AM

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Wallingford Trash to Energy Facility

Comparison of Proposals

CRRA and Covanta

D.,IANCE

liP FEE

FY'fO

CRRA

COVAN'A

8.7 miles

8.7 miles

$67.45 or $75.30

$65.00

~

FY'tI

71.09

79.10

66.14 - 67.28

FY'f2

73.02 - 81.47

67.29 - 69.63

FY'tl

75.10 - 93.11

69.47 - 72.06

FY'.4

77.26 - 85.09

69.67 - 74.59

Actual tip ,fee based on net cost of operations

Actual tip fee based on CPI with a minimum Increase of 1.75% and a maximum Increase of 3.5%

20 years

10 years with two 5-year renewals

CRRA owns with no municipal ownership option

Covanta owns with an option for municipal ownership after 20 years

2J,050 tons

8,100 tons

Anticipates utilization of some amount ~f e)(lstlng reserve fund

No utilization of existIng reserve

CONTACT DURATION

OWNER'HIP ' TONNAGE REQUIREMENI

OIHER COMMENT'

fund

November 24, 2008


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