DOE Picks Up Option on CH2MHill Contract
The Department of Energy has exercised its option to pick up the final five years of its ten year contract with CH2MHill.
Below is the official DOE News release:
RICHLAND, Wash. – The Department of Energy (DOE) plans to extend CH2M HILL Plateau Remediation Company’s contract for environmental cleanup at the Hanford Site by another five years.
In 2008, following a competitive bid, DOE awarded CH2M HILL a cost-plus, award-fee contract valued at approximately $4.5 billion over ten years, including a five-year base period with the option to extend the contract for another five years. DOE evaluated whether or not extending the contract was in the best interest of the government.
“We determined CH2M HILL remains the best value to the government on the basis of price and other factors,” said Matt McCormick, Manager, DOE Richland Operations Office. “Extending the contract ensures continuity in cleanup as we finish major projects over the next five years.”