Preferred Bidder for Sellafield UK Nuclear Complex Chosen

URS Corporation has just announced the preferred bidder for the UK Nuclear Decommissioning Authority (NDA) “in the competition to secure a Parent Body Organization (PBO) for the Sellafield Nuclear Complex in West Cumbria, United Kingdom”.

Nuclear Management Partners, Ltd., which includes URS’ Washington Division, AREVA and AMEC plc., would be assigned to manage a range of work not to exceed a maximum annual value of approximately GBP 1.3 billion, or $2.5 billion. The five-year contract will be presented with an option to extend the agreement for up to 17 years. The final decision on the award is scheduled to be announced in October 2008, with work commencing later in the year.

Martin M. Koffel, Chairman and Chief Executive Officer of URS commented: “We are delighted to have been selected as the preferred bidder for the Sellafield site, which is the UK’s most important nuclear facility. URS has unparalleled experience in nuclear power, decommissioning, clean-up and process operation, and we believe our selection underscores the leadership, technical knowledge and long-term commitment of both URS and our business partners. We look forward to demonstrating our broad capabilities in support of the NDA on this important project,” Koffel said.

“Our consortium brings together the leaders in nuclear decommissioning and recycling in the US, the UK and France,” said Tom Zarges, President of URS’ Washington Division. “Our team is confident that it can safely and efficiently meet the challenges presented by this historic and complex site while achieving real savings for UK taxpayers. We look forward to finalizing the contract with the NDA successfully.”

For more information, go to: urscorp.com