U.S. Department of Energy Extends Savannah River Site Management and Operating Contract through July 2018
August 08 2016 - 4:08PM
Business Wire
Fluor Corporation (NYSE:FLR) announced today that the U.S.
Department of Energy (DOE) has exercised its option to extend the
current management and operating contract at the Savannah River
Site near Aiken, South Carolina, for an additional 22 months. The
contract is currently being executed by Savannah River Nuclear
Solutions, LLC (SRNS), a Fluor-led partnership, together with SN3
Stoller Newport News Nuclear and Honeywell. Fluor will book the
undisclosed contract value in the third quarter of 2016.
SRNS was originally awarded the Savannah River maintenance and
operating contract in January 2008 after an open and competitive
bid process. By exercising the option to extend the term of the
contract, DOE and SRNS will continue uninterrupted management and
operation activities as outlined in the contract.
DOE’s Savannah River Site focuses on supporting and maintaining
the nuclear weapons stockpile as well as processing and storing
nuclear materials in support of U.S. nuclear non-proliferation
efforts. Work performed at the site includes environmental
management and the cleanup of legacy materials, facilities and
wastes left over from the Cold War. The Savannah River National
Laboratory, a federally-funded research and development center, is
also located at the site.
“We are pleased that the Department of Energy has confidence in
our performance and ability to deliver on the important work that
is under way at the site,” said Bruce Stanski, president of Fluor’s
Government Group. “As always, Fluor succeeds in the nuclear space
through its continued focus on safety and security by modeling
excellence and delivering results across all elements of the SRNS
organization. It is also a validation of our employees' good work
to make the world safer and the assurance that DOE has in our
ability to successfully accomplish the project’s mission.”
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 the Savannah River site work, Fluor supports DOE’s cleanup
missions at the Idaho Site under the Idaho Cleanup Project Core
Contract and is the prime contractor for deactivating the Paducah
Gaseous Diffusion Plant in Kentucky, as well as for the
decontamination and decommissioning of the Portsmouth Gaseous
Diffusion Plant in Piketon, Ohio. Fluor also manages and operates
the Strategic Petroleum Reserve, headquartered in New Orleans 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 our clients by delivering innovative and integrated
solutions across the globe. With headquarters in Irving, Texas,
Fluor ranks 155 on the FORTUNE 500 list with revenue of
$18.1 billion in 2015 and has more than 60,000 employees worldwide.
For more information, please visit www.fluor.com or
follow us on Twitter @FluorCorp.
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Fluor CorporationMedia Relations:Brian Mershon,
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Telfer, 469-398-7070orJason Landkamer, 469-398-7222
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