Perma-Fix Environmental Services said April 14 its team lost the Department of Energy’s Integrated Tank Disposition Contract, potentially worth $45 billion over 10 years at the Hanford Site in Washington state, which went to a joint venture led by BWX Technologies.
“Despite the loss of the [Hanford tanks] contract bid, the company expects to continue to support a critical role in the Hanford closure mission regarding waste treatment, grouting and processing,” Atlanta-based Perma-Fix said in the press release.
Perma-Fix is involved in the so-called test bed initiative, to convert 2,000 gallons of liquid tank waste from Hanford into a cement-link grout form for disposal as low-level waste.
Perma-Fix did not reveal names of the majority partner in the team that lost out to Hanford Tank Waste Operations & Closure, a venture made up of BWXT, Amentum and Fluor.
Perma-Fix reported, however, it has been awarded eight new contracts from DOE, the Department of Defense and Environmental Protection Agency over the past few months that are worth roughly $15 million expected to be recognized in 2023. Furthermore, these contracts contain additional option phases that have a potential value of over $14 million and could extend into 2024.
The recent contract awards include commercial reactor decommissioning, complex waste component processing and field projects, the company said.
“Our selection by these customers reflects our diverse capabilities and reputation to provide high-value solutions in the industry,” Perma-Fix President and CEO Mark Duff said in the release. “While 2022 was a particularly challenging year due, in part, to the lingering effects of the COVID-19 pandemic, we believe we are realizing the benefits of our diversification efforts,” Duff said.
