Weather Afternoon: 14°c Light showers Tonight: 9°c Light showers

Business

HEADLINES:
Sellafield
Clean-up: the Sellafield contract could go to US company

US firm joins race to clear up Sellafield


07.07.08

The £1 billion-a-year contract to clean up the Sellafield nuclear power plant in Cumbria could go abroad.

The Department for Business is set to announce in the coming weeks the contractor for Sellafield, the single biggest nuclear decommissioning project in a £70 billion bonanza for engineering firms.

Until now it had been assumed a consortium led by the US engineering giant Bechtel which included the UK services group Serco was frontrunner for the work.

Amid claims that the Government's Nuclear Decommissioning Agency would prefer to work with a single company on Sellafield, the rival American firm CH2M Hill has emerged a joint favourite for the job.

While CH2M Hill has a strong reputation in the US, Bechtel is seen as New Labour's favourite big project engineer, having performed bailout jobs on the Underground and the high-speed link to the Channel Tunnel. Serco runs London's traffic lights and the Docklands Light Railway.

Reader views (0)

 Add your view

No comments have so far been submitted.


Add your comment

 

Your email address will not be published

Terms and conditions make text area bigger You have  characters left.


 
Market Roundup
MONDAY UPDATE

Morgan Stanley casts cloud over Thomas Cook and Tui

Fresh weakness in the dollar gave a further boost to commodity prices which, in turn, brought in the buyers for mining shares

More



City Spy, cityspy@standard.co.uk

To be Frank, he’s a heroin of our time

“It's been a while since Frank Timis graced City Spy so a big shout out to the former boss of Regal Petroleum who told the market he'd found a whole load of oil in Greece only for it to turn out he hadn't

More

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses
Service Area or postcode