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Las Vegas Business Press : Bechtel SAIC ousted as Yucca Mountain manager - 0 views

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    Bechtel SAIC Corp. LLC was recently ousted as longtime manager of the U.S. Department of Energy's nuclear waste depository project at Yucca Mountain located 90 miles northwest of Las Vegas. The unexpected move comes at a time of great uncertainty for the project with the presidential elections and likely change of top Energy Department officials. The most recent price for the depository is $90 billion, or $19 billion more than last year's estimate. Mounting federal debt makes the undertaking, whose history stretches back to 1978, costly given the economy's struggles. San Francisco-based Bechtel and SAIC of San Diego lost their bid to keep the job they had held since 2001. TRW Environmental Safety Systems of Fairfax, Va., served as manager before them. Bechtel is also construction manager for McCarran International Airport's f $3.8 billion capital improvement program.
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