U.S. Department of Energy Extends Portsmouth Decontamination and Decommissioning Contract through September 2018
April 07 2016 - 4:07PM
Business Wire
Fluor Corporation (NYSE:FLR) announced today that the U.S.
Department of Energy (DOE) has exercised its option to extend the
current decontamination and decommissioning work on the former
Portsmouth Gaseous Diffusion Plant in Piketon, Ohio, for an
additional 30 months. The contract will be executed by Fluor-BWXT
Portsmouth, LLC, a Fluor-led partnership, together with
subcontractors CH2M and small businesses Pro2Serve, Innovative
Solutions and Wastren Advantage Inc. The estimated value of the
option period is approximately $750 million.
Fluor-BWXT started work on the initial five-year contract on
March 28, 2011. The contract extension includes completing
deactivation of the massive X-326 uranium enrichment plant,
initiating deactivation work in the X-333 process building,
continuing the uranium barter program, completing On-Site Waste
Disposal Facility design and moving construction forward to prepare
the first cells to receive contaminated plant soils and demolition
debris. The new contract includes an option for an additional
30-month contract extension.
“We are pleased with the Department’s confidence in our
performance and ability to deliver on the important deactivation
work that is underway,” said Bruce Stanski, president of Fluor’s
Government Group. “I’m proud of the many site milestones that have
been reached, including two Records of Decision for the disposition
of millions of cubic yards of waste, processing $1 billion dollars
in uranium inventory for barter and removal, and the safe shipment
of more than 7,000 process gas system components.”
“DOE, Fluor-BWXT and our many stakeholders are aligned on the
future vision of the site thereby creating the opportunity for its
reuse and redevelopment,” said Dennis Carr, project director of
Fluor-BWXT. “With Records of Decision in place, we now have a clear
regulatory path forward. The 30-month extension allows our team to
work towards achieving the end goal in a consistent and
collaborative manner with DOE and the community.”
For more than 70 years, Fluor has served as a DOE contractor
with a legacy that dates back to the Manhattan Project. In addition
to its current role at the Portsmouth site, Fluor supports DOE’s
cleanup missions at the Idaho Site under the Idaho Cleanup Project
(ICP) Core Contract, serves as the managing partner on the
management and operating contract at the Savannah River Site –
including the Savannah River National Laboratory – and is the prime
contractor for deactivating the Paducah Gaseous Diffusion Plant in
Paducah, Kentucky. Fluor also manages and operates the Strategic
Petroleum Reserve, headquartered in New Orleans, Louisiana, for
DOE’s Office of Fossil Energy.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering,
procurement, fabrication, construction and maintenance company that
designs, builds and maintains capital-efficient facilities for its
clients on six continents. For more than a century, Fluor has
served clients by delivering innovative and integrated solutions
for our clients in the energy, chemicals, government, industrial,
infrastructure, mining and metals, and power market sectors. With
headquarters in Irving, Texas, Fluor ranks 136 on the FORTUNE 500
list with revenue of $18.1 billion in 2015 and has 59,000 employees
worldwide. For more information, please visit www.fluor.com or
follow us on Twitter @FluorCorp.
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