U.S. Department of Energy extends contract with AECOM-led joint venture to manage tank operations at the Hanford Site
October 30 2018 - 6:55AM
Business Wire
AECOM (NYSE:ACM), a premier, fully integrated global
infrastructure firm, announced today that the U.S. Department of
Energy has executed a 12-month contract extension to Washington
River Protection Solutions (WRPS), an AECOM-led joint venture with
Atkins Nuclear Secured, LLC, member of the SNC-Lavalin Group, for
its management of the waste storage tanks at the Hanford Site in
Washington state. The approximate US$700-million extension will run
from October 1, 2018, to September 20, 2019.
“We are pleased to continue our work at the Hanford Site as part
of this one-year contract extension,” said John Vollmer, president
of AECOM’s Management Services group. “Across several key sites,
AECOM has established a long history of supporting our DOE clients
and leveraging our leading capabilities and expertise to safely
manage radioactive waste. We are committed to building on this
strong track record and delivering this contract safely for the Tri
Cities in Washington State.”
WRPS is responsible for the safe management of 56 million
gallons of radioactive and chemical waste stored in 177 underground
tanks at the Hanford Site, owned by the U.S. Department of Energy
in Richland, Washington.
About AECOM
AECOM (NYSE:ACM) is built to deliver a better world. We design,
build, finance and operate infrastructure assets for governments,
businesses and organizations in more than 150 countries. As a fully
integrated firm, we connect knowledge and experience across our
global network of experts to help clients solve their most complex
challenges. From high-performance buildings and infrastructure, to
resilient communities and environments, to stable and secure
nations, our work is transformative, differentiated and vital.
A Fortune 500 firm, AECOM had revenue of approximately
$18.2 billion during fiscal year 2017. See how we deliver what
others can only imagine at aecom.com and @AECOM.
Forward-Looking Statements: All statements in this press release
other than statements of historical fact are "forward-looking
statements" for purposes of federal and state securities laws,
including the future term, backlog and financial impact of the tank
operations contract as well as other future business and economic
conditions. Actual results could differ materially from those
projected or assumed in any of our forward-looking statements.
Important risk factors that could cause actual results to differ
materially from our forward-looking statements are set forth in
AECOM’s periodic report on Form 10-Q for the quarter ended June 30,
2018, and other reports filed with the U.S. Securities and Exchange
Commission. AECOM does not intend, and undertakes no obligation, to
update any forward-looking statements.
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