DOE Awards $850M Modification to Fluor-BWXT-Jacobs JV for Diffusion Plant Decommissioning

A joint venture of Fluor (NYSE: FLR), BWX Technologies (NYSE: BWXT) and Jacobs Engineering Group (NYSE: JEC) has secured a potential 30-month, $850M contract modification to continue decontaminating and decommissioning the Portsmouth Gaseous Diffusion Plant.

The modification results from an option exercised under the U.S. Department of Energy‘s authority, Fluor said Wednesday.

The joint venture, known as Fluor-BWXT Portsmouth, began decommissioning work at the Piketon, Ohio-based plant in 2011 under a five-year contract and continued for 30 additional months under an earlier modification awarded in 2016.

The new modification tasks the partnership to deactivate GDP facilities, process equipment and other associated liabilities in preparation for demolition.

The venture will also continue to provide environmental remediation support, uranium stewardship and outreach efforts.

The 1.2K-acre plant operated between 1994 and 2001. The DOE started cleanup activities at the area in 1989, its rehabilitation efforts augmented by the federal and Ohio Environmental Protection Agency.

Check Also

Vigor

Vigor Industrial Subsidiary to Modernize Navy Destroyer Ship Under Potential $156M Contract

Vigor Industrial's marine subsidiary has secured a potential $155.6M firm-fixed-price contract to help the U.S. Navy modernize and maintain the USS McCampbell guided missile destroyer. The company will update the ship's mechanical and electrical systems, hull and communications, digital video surveillance and warfighting equipment as part of a depot maintenance availability, the Department of Defense said Monday.

Parsons

Parsons Gets $178M Intell Community Security Analysis IDIQ; Robert Miller Quoted

Parsons (NYSE: PSN) has secured a potential five-year, $178M contract to help the U.S. intelligence community analyze measures for securing physical and technical assets.