EnergySolutions on Team Awarded $417 Million Waste Management Contract at Department of Energy Facility
* Reuters is not responsible for the content in this press release.
SALT LAKE CITY, UT, Jun 06 (MARKET WIRE) --
EnergySolutions (NYSE: ES) today announced that the Idaho Treatment Group
LLC (ITG) has been awarded a four-year cleanup contract estimated at
approximately $417 million. ITG is a joint venture comprising The Babcock
& Wilcox Company, URS and EnergySolutions. ITG has pre-selected small
business subcontractors which include Safety and Risk Analysis
Consulting, Inc.; Strategic Management Solutions, LLC; Visionary
Solutions, LLC; and Cabrera Services, Inc.
The contract includes managing and operating the U.S. Department of
Energy's Advanced Mixed Waste Treatment Project (AMWTP) at DOE's Idaho
Site. AMWTP's purpose is to safely process and disposition transuranic
waste and mixed low-level waste at the Idaho Site's Transuranic Storage
Area, while maintaining a fully operational facility.
"We are pleased to be a key part of a diverse and highly capable project
team to accomplish an important cleanup at the Department of Energy's
Idaho Site," said Val Christensen, President and CEO of EnergySolutions.
"We look forward to working with the team led by B&W and URS to operate
and manage this project."
The AMWTP is committed to meeting all technical and regulatory
requirements to safely retrieve, characterize, treat and package
transuranic waste for shipment out of Idaho to permanent disposal at the
Waste Isolation Pilot Plant in New Mexico.
ITG is preparing to assume operations at the site on or about August 1,
2011, under a contract that runs through September 30, 2015.
Statements in this news release may contain forward-looking statements
that involve risks and uncertainties. Forward-looking statements provide
current expectations of future events based on certain assumptions and
include any statement that does not directly relate to any historical or
current fact. Forward-looking statements are not guarantees of future
performance and the Company's actual results may differ significantly
from the results discussed in the forward-looking statements.
About EnergySolutions
EnergySolutions offers customers a full range of
integrated services and solutions, including nuclear operations,
characterization, decommissioning, decontamination, site closure,
transportation, nuclear materials management, processing, recycling, and
disposition of nuclear waste, and research and engineering services
across the nuclear fuel cycle. www.energysolutions.com
About B&W
Headquartered in Charlotte, N.C., The Babcock & Wilcox Company
is a leader in clean energy technology and services, primarily for the
nuclear, fossil and renewable power markets, as well as a premier
advanced technology and mission critical defense contractor. B&W has
locations worldwide and employs approximately 12,000 people, in addition
to approximately 10,000 joint venture employees. Learn more at
www.babcock.com.
About URS
URS Corporation (NYSE: URS) is a leading provider of
engineering, construction and technical services for public agencies and
private sector companies around the world. The Company offers a full
range of program management; planning, design and engineering; systems
engineering and technical assistance; construction and construction
management; operations and maintenance; and decommissioning and closure
services. URS provides services for power, infrastructure, industrial and
commercial, and federal projects and programs. Headquartered in San
Francisco, URS Corporation has approximately 46,000 employees in a
network of offices in more than 40 countries. www.urs.com
For comment or questions please contact:
Mark Walker
801-231-9194
mwalker@energysolutions.com
Copyright 2011, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters