Local officials in Western Kentucky said Wednesday the Department of Energy is picking up its remaining two-year option on its Deactivation and Remediation Contract with Jacobs-led Four River Nuclear Partnership at the Paducah Site.
Four Rivers, a joint venture that also includes Fluor and BWX Technologies, currently has a $1.7-billion contract that started in June 2017 and is set to run through June 20, 2025.
The two-year option period’s value “is estimated to be more than $300 million over 2026 and 2027,” according to a Wednesday press release issued by Paducah Mayor George Bray and McCracken County Judge Executive Craig Clymer.
DOE picked up the three-year option in 2022. The additional option would round out the 10-year contract term.
