DOE Awards $2.3B Remediation Contract to Fluor Idaho LLC for Idaho Site Cleanup

Contract Overview

Contract Amount: $2,302,392,654 ($2.3B)

Contractor: Fluor Idaho LLC

Awarding Agency: Department of Energy

Start Date: 2016-06-01

End Date: 2021-12-31

Contract Duration: 2,039 days

Daily Burn Rate: $1.1M/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Other

Official Description: IGF::OT::IGF, ICP CORE CONTRACT

Place of Performance

Location: IDAHO FALLS, BONNEVILLE County, IDAHO, 83415

State: Idaho Government Spending

Plain-Language Summary

Department of Energy obligated $2.30 billion to FLUOR IDAHO LLC for work described as: IGF::OT::IGF, ICP CORE CONTRACT Key points: 1. Significant contract value highlights the scale of environmental remediation efforts. 2. Full and open competition suggests a robust bidding process. 3. Potential risks include cost overruns and schedule delays common in large-scale cleanup projects. 4. The contract falls within the Environmental Remediation sector, a critical area for government spending.

Value Assessment

Rating: fair

The contract's cost-plus incentive fee structure aims to control costs, but the large value and long duration present inherent risks for price escalation. Benchmarking is difficult without specific performance data.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and potentially better value for the government.

Taxpayer Impact: Taxpayer funds are being utilized for long-term environmental cleanup, with the goal of mitigating risks and restoring affected areas.

Public Impact

Ensures continued cleanup of legacy nuclear waste at the Idaho National Laboratory. Supports environmental restoration and protection of public health. Creates and sustains jobs in the region related to specialized remediation services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract is within the Environmental Remediation sector, which involves significant government investment in cleaning up contaminated sites. Spending in this sector is driven by regulatory requirements and historical industrial activities.

Small Business Impact

The data does not indicate specific subcontracting goals for small businesses. Large, complex remediation contracts often involve significant subcontracting opportunities, but the extent to which small businesses will benefit is not detailed here.

Oversight & Accountability

The Department of Energy's Inspector General and internal oversight mechanisms are responsible for monitoring contract performance, ensuring compliance, and preventing fraud, waste, and abuse throughout the contract's lifecycle.

Related Government Programs

Risk Flags

Tags

remediation-services, department-of-energy, id, definitive-contract, billion-dollar

Frequently Asked Questions

What is this federal contract paying for?

Department of Energy awarded $2.30 billion to FLUOR IDAHO LLC. IGF::OT::IGF, ICP CORE CONTRACT

Who is the contractor on this award?

The obligated recipient is FLUOR IDAHO LLC.

Which agency awarded this contract?

Awarding agency: Department of Energy (Department of Energy).

What is the total obligated amount?

The obligated amount is $2.30 billion.

What is the period of performance?

Start: 2016-06-01. End: 2021-12-31.

What is the projected cost per unit of waste remediated, and how does it compare to industry benchmarks?

A precise per-unit cost benchmark is not available without detailed performance metrics and specific waste types. However, cost-plus incentive fee contracts aim to incentivize efficiency. Comparing this to industry benchmarks would require analyzing the specific types and volumes of waste handled, as well as the complexity of the remediation processes employed over the contract's duration.

What are the primary risks associated with Fluor Idaho LLC's ability to meet the remediation schedule and budget?

Key risks include the inherent uncertainties in characterizing and cleaning up legacy contamination, potential for unforeseen subsurface conditions, and the long duration of the contract which increases exposure to economic fluctuations and evolving regulatory requirements. Contractor performance, labor availability, and effective management of complex technical processes are also critical factors.

How effectively is the cost-plus incentive fee structure driving cost savings and performance improvements compared to alternative contract types?

The effectiveness of the cost-plus incentive fee structure depends on the clarity of performance metrics and the alignment of incentives with DOE's goals. While it encourages efficiency, the large scale and long-term nature of this contract mean that continuous monitoring and potential adjustments to incentives are necessary to ensure optimal value and timely completion of remediation activities.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesRemediation and Other Waste Management ServicesRemediation Services

Product/Service Code: NATURAL RESOURCES MANAGEMENTNATURAL RESOURCES - OTHER SVCS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: DE-SOL-0007097

Offers Received: 2

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Parent Company: Fluor Corporation

Address: 6700 LAS COLINAS BLVD, IRVING, TX, 75039

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $2,407,187,892

Exercised Options: $2,407,187,892

Current Obligation: $2,302,392,654

Actual Outlays: $599,686,422

Subaward Activity

Number of Subawards: 2449

Total Subaward Amount: $1,016,326,379

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2016-06-01

Current End Date: 2021-12-31

Potential End Date: 2021-12-31 00:00:00

Last Modified: 2022-09-20

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