Tuesday 16 September 2014

Cavendish wins £5.5bn to manage 12 UK nuclear sites

Cavendish wins £5.5bn to manage 12 UK nuclear sites

A new joint venture company has been awarded a contract worth up to around £5.5 billion to manage 12 UK nuclear sites and their decommissioning programmes.

The Cavendish Fluor Partnership (CFP) expects to save the Nuclear Decommissioning Authority (NDA), which owns the sites, more than £1.5 billion over the 14-year duration of its contract.

Kevin Thomas, CFP Chairman said the company hopes to deliver the extensive decommissioning programme "safely, on schedule and within budget".

He added: “By combining our breadth of experience and utilising both proven and innovative solutions, we will deliver significant savings to the UK taxpayer.”

The CFP is a joint venture between the UK’s Cavendish Nuclear, part of Babcock International and US-based Fluor Corporation.

Written by

Bruna Pinhoni

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