Filed under: Investing
B&W-Led Team Files New Protest with Government Accountability Office
CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Babcock & Wilcox Company (B&W) (NYS: BWC) announced today that Nuclear Production Partners, LLC (NP2) filed a new protest with the Government Accountability Office (GAO) related to the combined management and operating contract at the Y-12 National Security Complex and Pantex Plant. NP2 has expressed concern over the fairness of the procurement and selection process and the form and scope of the revised Request for Proposals (RFP) issued to bidders on June 6, 2013.
"B&W and our NP2 team have expressed a number of ongoing concerns related to this procurement process," said George Dudich, President, Babcock & Wilcox Technical Services Group, Inc. "We are asking the Government Accountability Office to examine the fairness of the revised Request for Proposals and to ensure the RFP meets all government contracting requirements and fully addresses the GAO's original decision and recommendation outlined on April 29, 2013, when our original protest was sustained."
Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a leader in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 14,000 people, in addition to approximately 10,400 joint venture employees. Learn more at www.babcock.com .
The Babcock & Wilcox Company
Aimee E. Mills, 980-365-4583
Jenny L. Apker, 704-625-4937
Vice President, Treasurer and Investor Relations
KEYWORDS: United States North America Canada North Carolina Ohio
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