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NNSA Pushing Consolidated Nuclear Security Out at Pantex, Y-12
The Department of Energy will not pick up the remaining options on Bechtel National-led Consolidated Nuclear Security’s contract to manage the Y-12 National Security Complex in Tennessee and Pantex Plant in Texas, which now will expire after Sept. 30, 2021. Consolidated Nuclear Security (CNS) will leave three years’ worth of options on the table, under the contract worth roughly $2 billion annually. The contractor fell well short of the 80% at-risk fee it needed to earn for fiscal 2019 to trigger the next two-year option on the pact, earning only about 70%, or some $28 million, according to the performance evaluation published Tuesday. Kicking CNS out seven years into a…
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