ITER Organisation has signed a construction management-as-agent (CMA) contract with Amec Foster Wheeler-led joint venture (JV) Momentum to build a €174m nuclear fusion reactor at Cadarache in France.
The JV comprises French-based Assystem and South Korean KEPCO Engineering and Construction Company and is owned one-third by each of the partners.
Go deeper with GlobalData
Amec Foster Wheeler’s clean energy business president Clive White said: "The Momentum partners will bring complementary skills to bear and embed a can-do project culture focused on safety, quality and maintaining schedule and costs.
"Amec Foster Wheeler has played an important part in the ITER project for more than 20 years and this important contract underlines our key role in developing future nuclear technologies while continuing to support existing fission power industry."
The contract has been signed for ten years, with provision for a three-year extension. As a CMA contractor, Momentum will be responsible for managing and coordinating the assembly and deployment of over one million components for the ITER reactor.
The centre holds the world’s largest tokamak, an experimental machine used to harness fusion energy.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSee Also:
ITER’s director-general Bernard Bigot said: The role of the construction management-as-agent is absolutely central to the success of the ITER Project.
"And since fusion holds so much potential as an environmentally clean, virtually limitless, and safe source of energy, the stakes of success for the seven ITER Members are very high.
"With the expertise represented by the Momentum joint venture, we feel confident that the assembly and installation of the ITER facility will meet its objectives to deliver on time and on budget with the highest standards of quality."
Under the terms of the deal, services will include construction preparation; project, contract, and configuration management; works supervision; site coordination; and activities resulting in mechanical completion. However, the deal does not include design or fabrication of components, construction of the buildings or building services.
