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Cavendish Fluor Partnership will take ownership of the companies responsible for 10 Magnox reactor sites as well as the nuclear research centres at Harwell and Winfrith.
The proposals submitted by Cavendish Fluor Partnership will take the 12 historic nuclear sites into the final stages of decommissioning. The plan is intended to reduce demands on the public purse and savings of at least £1bn in the decommissioning programme of are anticipated under the partnership’s proposals.
The successful bid was selected from four tender submissions, which were evaluated against a range of criteria including cost, health, safety and security and underpinning technical rationale.
A mandatory standstill period and a five-month transition phase now follow while the contract between the NDA and Cavendish Fluor Partnership is finalised and all legal processes are completed.
Following successful transition, Cavendish Fluor Partnership will become the new ‘parent body organisation’ and take ownership via the transfer of shares of two site licence companies on 1st September 2014.
John Clarke, NDA chief executive, said: "The selection of Cavendish Fluor Partnership as the preferred bidder is a significant step in our drive to attract world-class management and innovation to our sites.
"We have undergone a comprehensive and rigorous process aimed at securing the best possible parent body for these challenging sites. Cavendish Fluor Partnership bring a successful track record and extensive nuclear experience that will bring enormous benefits to the decommissioning and clean-up programme."
Magnox Ltd is responsible for decommissioning 10 Magnox reactor sites, located in England, Scotland and Wales, which were the first generation of civil nuclear power plants in the UK built during the 1950s and 60s. Research Sites Restoration Ltd is responsible for decommissioning two pioneering nuclear research centres at Harwell and Winfrith.
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