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U.S. Department of Energy Selects Jacobs and Perma-Fix Team to Participate in Nationwide Indefinite Delivery/Indefinite Quantity Contract
ATLANTA, GA / ACCESSWIRE / July 20, 2020 / Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced that a team led by Jacobs that
About this update from Perma-fix Environmental Services, Inc.
[{"type":"text","content":"ATLANTA, GA / ACCESSWIRE / July 20, 2020 / Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the \"Company\") today announced that a team led by Jacobs that includes Perma-Fix Environmental Services was selected by the U.S. Department of Energy (DOE) Office of Environmental Management (EM) to participate in a 10-year, multiple-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract to provide nationwide Deactivation, Decommissioning and Removal (DD&R) of facilities, waste management and program support. The Jacobs and Perma-Fix team are among nine teams selected, making them eligible to compete for firm fixed price and cost reimbursement task orders with a maximum ceiling of $3 billion over a 10-year period.Mark Duff, Chief Executive Officer, stated, \"We are honored to partner with Jacobs on this 10-year IDIQ contract to support the DOE's important cleanup mission. Within the DD&R scope of work, Perma-Fix will provide value-added solutions to include waste support services such as waste characterization, packaging, and handling, along with radiation protection and facility characterization, all of which are within our core expertise. This award reflects our strong track record and success of our project team in establishing key industry partnerships to address the unique challenges at DOE in a safe and cost-effective manner.\"The IDIQ contract addresses DOE's strategic goal of cleaning up the nation's Manhattan Project and Cold War legacy. EM's goal is to reduce environmental liabilities through accelerated cleanup of high-risk areas, resulting in risk reduction and returning land for its projected future use. The purpose of this procurement is to establish a contract vehicle that DOE can utilize at sites nationwide to acquire timely, cost-effective, legally sound DD&R and associated support services to further the government's mission toward reducing environmental liabilities.Work under this multi-award contract vehicle supports sites located across the United States, including but not limited to Environmental Management (EM), National Nuclear Security Administration (NNSA), Office of Naval Reactors (NR) and the Office of Science (SC).About Perma-Fix Environmental ServicesPerma-Fix Environmental Services, Inc. is a nuclear services company and leading provider of nuclear and mixed waste management services. The Compa...