Morning Briefing - April 29, 2020
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April 29, 2020

Canadian Nuclear Laboratories Gets Four-Year Contract Extension

By ExchangeMonitor

The privately held Canadian Nuclear Laboratories (CNL) will stay on for at least four more years as the operator of facilities owned by federal Crown corporation Atomic Energy of Canada Ltd. (AECL).

Atomic Energy of Canada announced Monday that it had exercised the four-year option on CNL’s contract. The six-year base for the award began in September 2015.

“This renewal is a testament to the great work being performed by CNL’s 3,300 staff, its contractors, suppliers, and to the support we receive from the communities in which we operate,” Canadian Nuclear Laboratories President and CEO Joe McBrearty said in a prepared statement.

Canadian Nuclear Laboratories is a nuclear science and technology organization managed by the Canadian National Energy Alliance, a consortium of contractors Jacobs, Fluor, and SNC-Lavalin. Under the government-owned, contractor-operated approach, it manages all AECL facilities.

Among CNL’s projects are the Port Hope Area Initiative, the $1.3 billion (CAD) remediation of radioactive contaminants in two municipalities in Ontario, and development of a near-surface disposal facility for low-level radioactive waste on the property of the Chalk River Laboratories in the province.

“This contract extension will allow for the critical work on the revitalization of the Chalk River Laboratories to continue, to allow for ongoing world-class nuclear innovation for decades to come,” AECL said in a press release. “It will also allow for important environmental remediation work to go uninterrupted for the benefit of all Canadians and of future generations.”

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