Under this initial task order valued at $16.6M, the SEC team will characterize and remove contaminants and equipment, preparing Building 3038 for deactivation and decommissioning (D&D). SEC will also demolish the hot cells, or shielded nuclear radiation containment chambers, located at ORNL’s Building 3026. Awarded on March 30, 2010, the 18-month project is scheduled to be completed by the end of August, 2011. The contract also includes options to remove and disposition legacy contaminants from ORNL Building 3517 and the D&D of ORNL Buildings 3038 and 2026. Should the contract option be exercised, the total value of the contract increases to $50.2M.
“We are proud that SEC has been awarded another stimulus contract. Adding this $16.6M, we have aggregated $54M in ARRA funded projects for our company,” said C. Thomas McMillen, Chairman and CEO of HOMS. “We are pleased to support accelerated cleanup for DOE which is vital to our national security.”
Headquartered in Knoxville, TN, SEC brings more than 18 years of successful, hands-on experience and lessons learned from similar work at ORNL, Y-12, ETTP and various sites across the DOE Complex. SEC’s team, organization and technical approach was developed to reduce safety and performance risk, associated with this complex project. SEC strategically compiled an experienced and technically qualified team, capable of providing the best value to the government.
“SEC has been building our company for this type of cleanup for the Oak Ridge community and beyond,” said Christopher Leichtweis, SEC’s CEO and President of HOMS. “This project is a cornerstone to the critical infrastructure reduction mission at ORNL of eliminating high hazard facilities. SEC is proud to support DOE directly.”
As stated in a DOE issued press release dated April 8, 2010:
This $50 million task order is part of $755 million received by ORO’s Environmental Management program for projects in Oak Ridge. In total, 49 unused buildings across the Oak Ridge Reservation are being safely demolished using Recovery Act funds. Gerald Boyd, Manager of the Oak Ridge Office said, “This contract allows us to continue our considerable progress towards a safer, cleaner ORNL campus, while creating jobs in the community.”
The task order is awarded through DOE Environmental Management’s (EM) Nationwide Multiple Award Indefinite/Delivery Indefinite/Quantity (IDIQ) contracting tool out of DOE's Consolidated Business Center in Cincinnati. This is SEC’s third awarded task order under this IDIQ contract.
The DOE Press release can be found: www.oakridge.doe.gov
About Safety and Ecology Corporation
Safety and Ecology Corporation (SEC) is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S.
HOMS’s portfolio of companies, in addition to SEC, includes:
Nexus Technologies Group, a mid-Atlantic security integrator for the corporate and governmental security markets that specializes in non-proprietary integrated security solutions including access control, alarm, video, communication, perimeter protection and bomb and metal detection security systems. Utilizing cutting-edge technologies, Nexus provides innovative, engineered and scalable solutions to effectively protect people, property and assets. For more information about Nexus, visit www.nexusna.com.
Polimatrix, Inc., a system integrator and total solutions provider delivering advanced radiation and nuclear protection and detection services. The company has been operating since
For more information about
This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although HOMS believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.
Homeland Security Capital Corporation
Knoxville, TN office
Anne Smith, 865-342-7668
- HOMELAND SECURITY CAPITAL CORPORATION's Subsidiary Awarded DOE Hot Cells Stimulus Project at ORNL - Business Wire
- Emerging Stock Report Initiates Independent Research Coverage on Homeland Security Capital Corp. - GlobeNewswire
- Homeland Security Capital Corporation's Subsidiary Awarded $16.8M DOE Stimulus Project to Perform Environmental Cleanup ORNL - Business Wire
- HOMS' Safety and Ecology Corporation to Exhibit at the 2010 Waste Management Conference - Business Wire
- HOMELAND SECURITY CAPITAL CORP Financials - EDGAR Online Financials