Fluor-Led Team Selected as Finalist for PMI's International Project of the Year Award


Fluor-Led Team Selected as Finalist for PMI's International Project of the Year Award

IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYS: FLR) announced today that the Project Management Institute (PMI) selected Savannah River Nuclear Solutions, LLC (SRNS), a Fluor-led partnership and Department of Energy (DOE) contractor, as one of three finalists for PMI'sInternational Project of the Year award. PMI is the world's largest not-for-profit membership association for the project management profession, and the project of the year award is the organization's highest honor.

Fluor-led SRNS was nominated for $1.4 billion in work completed under Savannah River Site's (SRS) American Recovery and Reinvestment Act (ARRA) cleanup from April 2009 through December 2012, one of the largest scopes of work authorized under ARRA. The ARRA mission required that the project accelerate the reduction of the DOE's site liability, which included reducing the legacy waste at the site while simultaneously creating jobs and stimulating the struggling economy. SRNS's cleanup effort's major accomplishments included the following:

  • Bringing 85 percent of the site's total 310 square miles up to footprint reduction cleanup standards, thereby exceeding the baseline goal of 75 percent;

  • Remediating the site's legacy inventory of 5,000 cubic meters of transuranic radioactive waste; and

  • Creating or retaining more than 4,600 local jobs.

"We are honored by this prestigious nomination and are incredibly proud of all of the hardworking and dedicated SRNS employees responsible for making this project a resounding success," said Bruce Stanski, president of Fluor's Government Group.

"Nearly eight years of work were successfully compressed into a 45-month period of performance as part of this tremendous undertaking. We're proud of the positive impact that this project has had on the site, the local region and the national economy, and congratulate the entire team for a job well done," he said.

Nomination packages for each of the three finalists are currently under review by a PMI-approved volunteer panel of experienced practitioners from across the globe. The PMI 2013 Project of the Year award will be presented at the PMI Global Congress in New Orleans, La. later this year. To learn more about the awards ceremony and the PMI Global Congress visit http://congresses.pmi.org/NorthAmerica2013/.

Fluor has been nominated for three PMI Projects of the Year in the past seven years. In 2009, the company was recognized for the Newmont Mining Power Plant in Nevada. In 2007, Fluor won for its work at the DOE's Fernald Site near Cincinnati, Ohio. Finally, in 2011, Fluor was a finalist for Luminant's Oak Grove coal-fired power plant in Central Texas.

About SRNS

Savannah River Nuclear Solutions is a Fluor-led company responsible for the management and operations of the Department of Energy's Savannah River Site, including the Savannah River National Laboratory, located near Aiken, South Carolina. Member companies include Fluor Federal Services, Newport News Nuclear and Honeywell.

About Fluor Corporation

For more than 100 years, Fluor Corporation (NYS: FLR) has partnered with its clients to design, build and maintain many of the world's most challenging and complex capital projects. Through its global network of offices on six continents, more than 40,000 employees provide comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, fabrication, operations, maintenance and project management. Today, the company serves a global client base in the energy, chemicals, government, industrial, infrastructure, operations & maintenance, manufacturing & life sciences, mining, power and transportation sectors. Headquartered in Irving, Texas, Fluor ranks 110 on the FORTUNE 500 list and had revenue of $27.6 billion in 2012. For more information, visit www.fluor.com and follow us on Twitter at @FluorCorp.

Fluor Corporation
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Keith Stephens 469-398-7624
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