8/30/2012 UPPER CAPE REGIONAL TRANSFER STATION BOARD OF MANAGERS Minutes

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i proposers did not require put or pay other than Sustainable New Energy. All proposers used the CPI to assess the"Escalation Factor." "Fuel Adjustment"varied among the companies, some were required and some were not and the formula utilized varied. Ms. Laurent noted that companies using different disposal sites would affect the fuel surcharge. "Disposal only" identified companies that would provide disposal only while towns handled the delivery of the waste. "Transportation and Disposal" provided hauling and disposal. Waste Management-Preference of 5 year terra with two 5 year options with no put or pay. CPI would be used as the escalation factor. WM proposed utilizing the UCRTS for truck. The WM formula fuel adjustment would be based upon a$3.70 baseline price for fuel with an adjustment of 1% for every .05 per gallon change. The disposal only option was reserved for off--Cape only. T&D for the UCRTS would be $78.06 per ton, although WM was asked to provide a cost for each of the towns. It was noted that WM would also be seeking a minimum tonnage per trailer requirement which would be 23 tons per trailer for the UCRTS. There was discussion suggesting that the towns would likely not have 23 tons per trailer. It was noted that for some towns it would not make financial sense to send waste to the UCRTS only to be reloaded back into WM trucks. E.L. Harvey-offered 5, 10 or 20 year terms with no put or pay and use of the CPI as the escalation factor. Fuel adjustment would be a$3.00 baseline with a 1% increase for every .10 per gallon change. Disposal only for Cape was $52.37, although the disposal site would be located over loo miles away adding approximately $6.00 more per ton. T&D was $78.37 with a pick up at each individual town. Prices would decrease with the addition of recycling. Bourne-A quote was not provided but Bourne indicated that they would be willing to negotiate. There was capacity for 24,040 tons per year at the facility and there was interest in a 5 year contract with the option to extend it for 2 years, for a total of 7 years. At a recent UCRTS meeting, an offer from Bourne was extended to the upper Cape towns. Mr. D. Barrett stated that they responded to SwAC's request because the upper Cape towns were part of SwAC. Mr. D. Barrett confirmed that the upper Cape towns would have first consideration and, if interested in establishing an agreement, remaining capacity would be available for other towns. We Care[organics-Prices were available for all terms and there was no put or pay. The CPI was used for escalation and the fuel adjustment was similar to WM, with a$3.80 per gallon baseline and a 1% increase for every .50 per gallon change. No disposal option was available but the price for pick up for T&D would be $88.66 at each town's facility. we Care also offered to pick up solid waste at Yarmouth. More clarity was needed regarding rail versus truck costs. Mr. D. Barrett noted that we Care was seeking a rail siding in Taunton. Interstate waste Technologies-Mr. Tilton noted that Interstate waste and we Care Organics would initially be working together. It was not clear whether Interstate waste had been permitted to develop their facility in Taunton so there was some hesitation to consider Interstate Waste as a viable option. Mr. Goddard recommended contacting Taunton City Council for more information about the parcel of land set aside for the project. Disposal only would be $56 and T&D would be $82. Sustainable New Energy--The facility had not yet been built or permitted, but could be a consideration in the future. Disposal only cost would be $50 and there was an offer to site it 2