USEC’s subcontract with Oak Ridge National Laboratory to continue work on the American Centrifuge Project last week received an additional $6.7 million in funding, bringing total funding to approximately $33.7 million. The payment will run the program through the end of September. The ORNL-led effort includes two six-month option periods that would extend the contract through the end of Fiscal Year 2015 for a total value of $118 million. The second of the two options has not yet been exercised. To help fund the program through the reprogramming, the NNSA shifted about $30 million in funds from the NNSA’s Weapons Activities account—mostly from unearned contract award fees—and $2.9 million from the Defense Nuclear Nonproliferation account.
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