Fluor’s announcement Tuesday that it will sell off its government business unit opens the door for one of its peers to take full or partial ownership of multibillion-dollar contracts for the U.S. Energy Department’s Office of Environmental Management and semiautonomous National Nuclear Security Administration (NNSA).
The Irving, Texas-based engineering and construction multinational is lead partner in three DOE Environmental Management joint ventures collectively worth almost $20 billion. It is a minority member in several other DOE contracts. Here is a rundown:
- Fluor Idaho has a five-year, $1.6 billion pact that runs through May 2021, for remediation at the Idaho National Laboratory.
- Fluor is a minority partner in Atkins-led Mid-America Conversion Services, which has a five-year, $457 million contract for depleted uranium hexafluoride (DUF6) conversion at the Portsmouth Site in Ohio and the Paducah Site in Kentucky. The deal extends through January 2022.
- It is a minority member in Jacobs-led Four Rivers Nuclear Partnership, holder of a potential 10-year, $1.5 billion deactivation and remediation contract at Paducah. The partnership is still in the five-year base period of the award, which with options could extend through June 2022.
- Fluor-BWXT Portsmouth is in the final 30-month option period of the partnership’s 10-year, $3.4 billion decontamination and decommissioning contract, which runs through March 2021 at the Portsmouth Site.
- Fluor-led Savannah River Nuclear Solutions is the management and operations vendor at the Savannah River Site in South Carolina. The Energy Department said in July it is issuing a 14-month extension through September 2020, and could tack another two single-year options to keep SRNS on through September 2022. The total value of the SRNS business is estimated at nearly $15 billion since August 2008, provided options are exercised.
- Fluor is also an integrated subcontractor for Battelle-led Triad National Security, manager of the Los Alamos National Laboratory in New Mexico. Triad became LANL manager last fall under a potential 10-year contract, if all options are exercised, worth $2.5 billion annually.
