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URS-led team selected as preferred bidder for Sellafield site

Engineering company URS Corp announced that an international team led by the company's Washington Division has been named the preferred bidder and has been selected to begin contract finalization with 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. The consortium, Nuclear Management Partners, Ltd., includes URS' Washington Division, Areva and Amec plc. The team would manage a scope of work with a maximum annual value of approximately GBP 1.3 billion, or $2.5 billion, under a five-year base contract, with an option to extend the contract periodically for a total of 17 years. The contract is expected to be awarded in October 2008, with work likely to commence no earlier than late 2008.

Under the proposed contract, the preferred bidder organization will own the shares in the Sellafield Site License Company, Sellafield Ltd., for the duration of the contract. The work covers the Sellafield, Calder Hall, Windscale and Capenhurst sites which all form part of the Sellafield Site License Company.



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