The high performing recycling, waste collection and cleansing services will still be delivered to a high standard from 1 April 2019 as part of a new partnership agreement.
Savings of around two million pounds will be achieved during the lifetime of the contract.
To ensure householders are getting best value for money, the Council began a tendering process in November 2017.
The future service will offer householders the opportunity to recycle even more.
The Council listened to what residents wanted - more items being recycled from the kerbside and a continued focus on keeping the beautiful Borough clean - and this will be delivered through the new arrangement at a more favourable price.