Local Government Trend: Turn Trash to Cash. Procurement Abounds.
Phoenix is building a research and technology campus to make it a leader in waste innovation.
The plan is to focus on:
- The “5 R’s”: reduce, reuse, recycle, reconsider and reimagine.
- For instance- turning a beer bottle into new glassware or compost into natural gas.
When announced, the procurement opportunities were flying:
- Phoenix received 117 proposals from 70 different companies
- “The Closed Loop Fund, which is composed of Fortune 100 consumer goods companies and retailers such as Coca-Cola, Procter & Gamble and Walmart, will offer below-market interest rate loans (some as low as zero percent) to the businesses selected to be part of the campus.”
Governing