SC Biz News

Energy

Subscribe to Our Digital Newsletters

Fluor joint venture selected for Paducah site deactivation

Energy
  • Staff Report
Print Story
  • Share

The U.S. Department of Energy has selected Four Rivers Nuclear Partnership LLC to lead the Paducah Deactivation and Remediation contract at the Paducah Gaseous Diffusion Plant in Kentucky. The partnership is a joint venture comprised of Fluor Corp., CH2M and BWX Technologies.

The performance-based contract is valued at approximately $1.5 billion over 10 years. The base term is five years valued at approximately $750 million followed by three-year and two-year option periods valued at an approximate total of $750 million combined, according to a news release.

“In just three short years, Fluor has made significant progress at the Paducah site and has built strong relationships within the community,” said Bruce Stanski, president of Fluor’s Government Group, in the release. “Most importantly, we’ve made facilities safer by removing hazardous and radioactive materials while improving the site's infrastructure. These efforts will save taxpayers millions of dollars over the next several years while improving safety for the workers, the general public and the environment.”

The Paducah site is situated on approximately 3,500 acres in western Kentucky, about 8 miles west of Paducah, and 3.5 miles south of the Ohio River. The site, built in the 1950s as part of the nation’s nuclear weapons complex, processed uranium from 1952 to 2013 for military reactors, nuclear weapons and nuclear power plant fuels, according to the release. The deactivation and remediation contract includes management of more than 650 structures, properties and buildings. Throughout the contract duration, the team will optimize surveillance and maintenance costs to allow for additional stabilization, deactivation and remediation activities, thereby further reducing risk and future demolition costs.

Fluor Corp. is based in Irving, Texas and has offices in Greenville.

  • Share
0 Comments
Write a Comment