ORA were commissioned by Triodos Bank, a commercial bank providing finance to organic food and farming businesses, pioneering renewable energy enterprises, recycling companies and nature conservation projects. Triodos were proposing to finance two in-vessel composting (IVC) facilities and required ORA to undertake an in depth due diligence exercise on the proposed technology and working plans according to agreed specifications of service.
A list of plans and documentation that had been produced by the proposed operator, Agrivert, regarding their facilities, the technology to be used and their mode of operation was requested, and the work centred on a thorough review of this material.
Visits were made to both sites, at Ardley in Oxfordshire and South Mimms in Hertfordshire, and the review was followed by rounds of clarification questions.
The scope of the work included a consideration of:
The findings, coupled with the results of the clarification questions, formed ORA’s opinion of the proposal which also included a series of risk assessments together with suggested means of risk mitigation.
ORA’s contract was subsequently extended to conduct independent reviews of the as-built drawings of both facilities against the agreed drawings and the plants as constructed. The work also included monitoring the commissioning and performance testing programmes in relation to predefined protocols and pass criteria.
The new commissions included:
Submission of ORA’s final reports marked the conclusion of the commissioning phases with the projects completed to the bank’s satisfaction.