Notable Point · 1:56:57-1:57:43

Street-bin purchases and the cost beyond the hardware

A borough-council anecdote separates the bin and installation costs from the much larger total bill.

Notes

Alex recalls arranging street litter bins while serving as a borough councillor. He says the bin and its installation represented less than five per cent of the total cost per bin, with the larger bill associated with other costs. He does not disclose the price because he says a confidentiality agreement prevents him from doing so. The anecdote distinguishes the price of a physical improvement from the full contractual cost of delivering it.