June 23, 2014
CB&I (NYSE:CBI) announced it has been awarded a five-year contract by Exelon Generation Company, LLC valued at $800 million for long-term maintenance, modification and construction services for five additional nuclear power units located in New York and Maryland. The contract is an expansion of CB&I's existing scope of work for 17 other Exelon nuclear power units. Under the terms of the agreement, CB&I will also provide temporary staffing, painting and insulation services at all of the Exelon-owned and operated nuclear power units bringing the total number of units under contract to 22.
"This award underscores CB&I's expertise in nuclear maintenance, modification and construction and our commitment to ensuring the safe and reliable operation of our customer's facilities," said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group.
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.
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