March 11, 2015

BWCS Earns 72 Percent of FY?14 Performance Award Fee

By ExchangeMonitor

B&W Conversion Services, LLC, the managing contractor for the Department of Energy’s two depleted uranium hexafluoride conversion plants, earned 72 percent of the total available performance award fee for Fiscal Year 2014—$1.51 million out of $2.10 million, according to information DOE released this week. That is up from FY’13, when BWCS earned 66 percent of the total available award fee. “The contractor met the majority of performance goals and objectives for this period,” states DOE’s FY’14 Award Fee Determination Scorecard for BWCS. “Significant achievements include multiple simultaneous line operation of each plant, maintaining a safety conscious work environment though TRC rates are above goals, safe handling of over 3.5 million gallons of hydrofluoric acid and prompt performance of cylinder transfers to support DOE initiatives.”

Additionally, BWCS earned $1.51 million in performance based incentives award fee, which is directly linked to the amount of material processed during the period. In FY’14 BWCS processed a total of 22,596 metric tons of DUF6 and was paid $67 per metric ton. The two DUF6 conversion plants, located at DOE’s Portsmouth and Paducah sites, are intended to help disposition more than 700,000 metric tons of material stored in thousands of cylinders at the two sites. BWCS—made up of B&W and URS—took over as the plants’ operating contractor from Uranium Disposition Services in the spring of 2011.

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