First compensation payment made after axing of King’s Lynn incinerator deal

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Norfolk County Council chiefs have paid the first instalment of compensation for axing the Lynn incinerator contract, even though it is still unclear what the final bill will be.

A total of £11.8 million, which the authority says covered fluctuations in foreign exchange and interest rates, was paid on Monday, officials confirmed in a statement to councillors.

The council has also admitted that the Cory Wheelabrator consortium, which still hopes to win planning permission for the Saddlebow scheme, did meet its contractual obligations for securing planning consent.

But project director Joel Hull said specialist advisors, including forensic accountants, were now examining evidence submitted by the firms to support their payment claim.

He added: “We will request further evidence or reject any part of the compensation claim where required.”

For more, see Friday’s Lynn News.