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| U.S. Department of Energy extends Savannah River M&O contract Fluor Corp (NYSE: FLR) has been notified that the United States Department of Energy (DOE) exercised its option to extend the current Management & Operating (M&O) contract at the Savannah River Site (SRS) in Aiken, S.C., for an additional 38 months. The extension will cover the time period between August 1, 2013 and September 2016. The M&O contract is currently being executed by Savannah River Nuclear Solutions (SRNS), LLC, a Fluor-led partnership consisting of Fluor, Newport News Nuclear and Honeywell. SRNS was originally awarded the Savannah River M&O contract in January 2008 after an open and competitive bid process. By exercising the option to extend the term of the contract, DOE and SRNS will continue uninterrupted management and operation activities as outline in the contract. write your comments about the article :: © 2012 Construction News :: home page |