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| Washington Group-led JV to enter negotiations for U.K. contract A joint venture led by Washington Group International has been selected to negotiate with the U.K. Nuclear Decommissioning Authority (NDA) to operate the U.K.'s national low level nuclear waste repository located in West Cumbria in northern England. Subject to satisfactory conclusion of negotiations, the contract is due to be awarded in October 2007. The NDA estimates the contract could have a value of $400 million to $1 billion (200 million pounds sterling to 500 million pounds sterling) and will have an initial period of five years with the potential of further extension periods, subject to performance and NDA management approval, up to a total of 17 years. The international team, which is comprised of Washington Group International, Studsvik UK, AREVA NC, and Serco Assurance, brings together a unique capability focused on delivering the NDA's low level waste management objectives. write your comments about the article :: © 2007 Construction News :: home page |