Cavendish Fluor Partnership, a joint venture between Cavendish Nuclear and Fluor, has been chosen as a preferred bidder by the Nuclear Decommissioning Authority (NDA) to manage the decommissioning of 12 nuclear sites in the UK.
Fluor said that the partnership will begin a five-month contract transition phase following a ten-day standstill period.
Cavendish Nuclear is a wholly-owned unit of Babcock International Group plc.
The Cavendish Fluor Partnership will take ownership of the nuclear sites, owned by Magnox and Research Sites Restoration Limited (RSRL), as the parent body organisation from 1 September 2014.
The contract is anticipated to provide savings in excess of $1.6bn in the decommissioning programme for the 12 nuclear sites.
Fluor Government Group president Bruce Stanski said, "We are pleased our joint venture with Cavendish Nuclear has been selected as the preferred bidder for this prominent nuclear contract. We look forward to bringing our expertise gained from decades of managing and operating nuclear decommissioning sites."
The NDA chief executive John Clarke said that the selection of Cavendish Fluor Partnership as the preferred bidder is a significant step in their drive to attract world-class management and innovation to our sites.
"We have undergone a comprehensive and rigorous process aimed at securing the best possible parent body for these challenging sites," Clarke said.
"Cavendish Fluor Partnership bring a successful track record and extensive nuclear experience that will bring enormous benefits to the decommissioning and clean-up programme."
Magnox is responsible for decommissioning of ten Magnox reactor sites located in England, Scotland and Wales, while RSRL is incharge for decommissioning two pioneering nuclear research centers at Harwell and Winfrith.
Image: Cavendish Fluor Partnership wins nuclear decommissioning contract in UK. Photo: courtesy of RSR.