The performance based contract is valued at approximately $1.5 billion over ten 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. A transition period is scheduled to begin on June 2017.
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. The D&R contract includes management of over 650 structures, properties, and buildings and 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.
CH2M leads the professional services industry delivering sustainable solutions benefiting societal, environmental and economic outcomes with the development of infrastructure and industry. In this way, CH2Mers make a positive difference providing consulting, design, engineering and management services for clients in water; environment and nuclear; transportation; energy and industrial markets, from iconic infrastructure to global programs like the Olympic Games.
CH2M became the first professional services firm honored with the World Environment Center Gold Medal Award for efforts advancing sustainable development in 2016, the company says. Fluor Corporation is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents.
BWX Technologies Inc. is a supplier of nuclear components and fuel to the U.S. government; provides technical and management services to support the U.S. government in the operation of complex facilities and environmental remediation activities; and supplies precision manufactured components, services and fuel for the commercial nuclear power industry. With approximately 6,100 employees, BWXT has nine major operating sites in the U.S. and Canada. In addition, BWXT joint ventures provide management and operations at more than a dozen U.S. Department of Energy and two NASA facilities.