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| New Parent Body for Sellafield Ltd The UK Nuclear Decommissioning Authority (NDA) confirmed that the programme to secure a new Parent Body Organisation (PBO) for the Sellafield Site Licence Company (SLC), Sellafield Ltd, has been completed. The shares in Sellafield Ltd, previously owned by British Nuclear Fuels Ltd, have transferred to the new PBO, Nuclear Management Partners Ltd (NMP). NMP is the consortium comprising Amec, Areva, and URS Washington Division. The award of the Parent Body Agreement is initially for a period of five years with the potential of further extension periods, subject to performance, to a total of 17 years. The Management and Operations contract offers business initially to the value of around £1.3 billion per annum with associated fee of up to £50 million per annum, subject to the specified level of improved performance and efficiency of Sellafield Ltd being met. Sellafield Ltd manages and operates, on behalf of the NDA, the reprocessing and waste storage facilities at Sellafield, the former nuclear power stations Calder Hall and Windscale (all in West Cumbria), and the Capenhurst nuclear site and an Engineering Design Centre at Risley in Cheshire. On 11 December 2008, Amec will be holding a seminar for analysts and investors, focused on its nuclear business. The event is to be webcast live and will be available at the company's website at amec.com write your comments about the article :: © 2008 Construction News :: home page |