KINCARDINE, ON (June 14, 2018) — AECOM, a premier, fully integrated global infrastructure firm, announced today that a joint venture between AECOM, Aecon and SNC-Lavalin, has been awarded a CA$475 million contract by Bruce Power for the Unit 6 Fuel Channel and Feeder Replacement (FCFR) at the Bruce Nuclear Generating Station in Kincardine, Ontario. The joint venture will work together under the banner Shoreline Power Group. The value of AECOM’s share of the contract will be included in the company’s backlog for the third quarter of fiscal year 2018.
The project is part of Bruce Power’s Life-Extension Program, which will allow its CANDU units to operate safely until 2064. Specifically, it falls under the Major Component Replacement (MCR) program – Unit 6 is the first of six reactors being refurbished by Bruce Power through the MCR program. The joint venture team’s scope of work includes the removal and replacement of calandria tubes, pressure tubes and feeders; construction management; and trade labor. Work is scheduled to commence in June 2020 and be complete in 2022.
“We’re thrilled to partner with Aecon and SNC-Lavalin, applying our collective experience to the unique challenges of this critical work. We look forward to executing this project safely and with quality performance,” said AECOM’s Art Lembo, general manager & president of its Power business.
“As Canada’s largest Public-Private Partnership, Bruce Power will continue to meet all investment requirements related to this multi-year program, and, through continued strong and efficient performance, will provide low-cost power to the province for decades,” said Mike Rencheck, Bruce Power’s president and chief executive officer. “We are making this key contract award announcement today with the confidence the members of the Shoreline Power Group have demonstrated the experience, commitment and dedication to safety, quality, productivity and innovation to enable us to keep our Life-Extension Program on time and on budget.”
Bruce Power is a low-cost electricity provider that powers more for less, delivering 30 percent of Ontario’s electricity at 30 percent less than the average cost to generate residential power. Bruce Power’s role has been recognized by a range of independent experts, business groups and energy experts in recent years. For example, in 2017, Ontario’s Financial Accountability Office (FAO) released a report on the life extension of the province’s nuclear fleet. The report concluded, “There is currently no portfolio of alternative low emissions generation which could replace nuclear generation at a comparable cost.”
The joint venture has also signed a Preferred Supplier Agreement with Bruce Power under which it could be awarded similar contracts for the remaining five units scheduled to be refurbished over the next 16 years under the MCR Program.
In addition to this work, AECOM is also part of the team removing and replacing eight of the original steam generators at Unit 6. The joint venture between AECOM, Aecon and AREVA NP is executing a CA$150 million contract with Bruce Power to complete this work.
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AECOM is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18.2 billion during fiscal year 2017. See how we deliver what others can only imagine at aecom.com and @AECOM.
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