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Covanta, New York City Agree to Waste Contract

Allan Gerlat

August 23, 2013

1 Min Read
Covanta, New York City Agree to Waste Contract

Covanta Holding Corp. has reached an agreement with New York City to handle and dispose of about 800,000 tons annually of municipal solid waste.

The Morristown, N.J.-based Covanta will handle the transport and disposal of waste for the Department of Sanitation from two marine transfer stations in Queens and Manhattan, according to a filing with the Washington-based Securities and Exchange Commission.

The company expects to begin service for the Queens transfer station in early 2015 and service in Manhattan to come in 2016 with the completion of construction work by New York City.

Covanta plans to purchase equipment, including barges, railcars, containers, and intermodal equipment at a cost of about $110 million.

 

The agreement is for 20 years with New York City having options to extend the term for two additional five-year periods. It calls for waste to be transported through a multi-modal approach.

 

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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