Four Rivers Nuclear Partnership bags $1.5BN nuclear deactivation deal

ConDig (30-May-17).  Four Rivers Nuclear Partnership (FRNP), a joint venture including Fluor Corp, has secured a $1.5 billion contract for the deactivation and remediation of a nuclear processing site in Kentucky.

Under the performance-based contract from the US Department of Energy, the joint venture, which also includes CH2M and BWX Technologies, will manage the stabilization, deactivation and remediation activities across more than 650 structures, properties and buildings at the Paducah Gaseous Diffusion Plant.

Fluor said that the team will optimize short- and long-term surveillance and maintenance costs to allow for additional stabilization, deactivation and remediation activities, reducing risk and future demolition costs.

The base term is five years valued at about $750 million, followed by 3-year and 2-year option periods valued at about $750 million combined.

“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.

“Most importantly, we’ve made facilities safer by removing hazardous and radioactive materials while improving the site’s infrastructure.”

The Paducah site, which is located on about 3,500 acres in western Kentucky, was 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.