A new joint venture company has been awarded a contract worth up to around £5.5 billion to manage 12 UK nuclear sites and their decommissioning programmes.
The Cavendish Fluor Partnership (CFP) expects to save the Nuclear Decommissioning Authority (NDA), which owns the sites, more than £1.5 billion over the 14-year duration of its contract.
Kevin Thomas, CFP Chairman said the company hopes to deliver the extensive decommissioning programme “safely, on schedule and within budget”.
He added: “By combining our breadth of experience and utilising both proven and innovative solutions, we will deliver significant savings to the UK taxpayer.”
The CFP is a joint venture between the UK’s Cavendish Nuclear, part of Babcock International and US-based Fluor Corporation.