U.S. Department of Energy extends AECOM-led joint venture contract to manage tank operations at the Hanford Site for up to 12 months
AECOM (ACM)
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that the U.S. Department of Energy’s (DOE’s) Office of River Protection in Richland, Wash., intends to extend the current tank operations contract with AECOM-led Washington River Protection Solutions LLC. The approximate US$725 million extension will run up to 12 months, from October 1, 2019, to September 30, 2020. The estimated value of the contract extension will be added in AECOM’s backlog in the fourth quarter of fiscal 2019.“We are thrilled the DOE has announced its intent to extend Washington River Protection Solutions’ contract,” said John Vollmer, president of AECOM’s Management Services group. “This extension will enable our team at Hanford to continue its important work to reduce risk to the Columbia River by safely managing high level tank waste and preparing feed for the Waste Treatment and Immobilization Plant.”During the contract extension period, t
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