Perma-Fix Environmental Services (NASDAQ:PESI) Inc has announced that it is one of just three suppliers to be awarded a framework contract by Nuclear Waste Services (NWS), part of the UK's Nuclear Decommissioning Authority (NDA).
The company has been selected to compete for firm, fixed-price and cost-reimbursement task orders for the treatment and conditioning of radioactive waste in the UK, with a maximum value of £41 million (US$48.8 million) over four years.
The agreement includes a variety of services covering the full waste lifecycle such as project management, expert advice, characterization, site preparations, dismantling, transport, segregation, treatment, conditioning and optimized disposal, the company said.
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“Perma-Fix is thrilled to receive the award of this framework contract by the UK government’s Nuclear Waste Services, with a total value of up to £41 million across three suppliers for the treatment and conditioning of radioactive waste,” CEO Mark Duff said in a statement.
“This award underscores our view of the market potential for our services in Europe, as well as the importance of our current technology offering, which has proven valuable in the US for over 30 years.”
NWS is an organization focused on the safe and secure management of the UK’s nuclear waste for generations to come. The body brings together the expertise of Low-Level Waste Repository, Radioactive Waste Management and the Nuclear Decommissioning Authority group’s Integrated Waste Management Programme.
Perma-Fix’s nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs, institutions, and federal agencies. It operates four nuclear waste treatment facilities.
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