Turnkey Nuclear Power Plant EPC Agreements: The case for Price CertaintyEpc Agreement • May 23rd, 2020
Contract Type FiledMay 23rd, 2020There is increasing optimism that construction of new nuclear power plants will be undertaken in this country beginning in the next few years. A fair number of utility companies are in the throes of negotiating multi-billion dollar engineering, procurement and construction (“EPC”) agreements with nuclear reactor vendors and constructors. Most encouraging, one Southeast utility has successfully completed negotiation of a turnkey EPC agreement for a new advanced two-unit nuclear plant, although the proposed project remains subject to state regulatory approval, as well as receipt of an NRC combined operating license (“COL”).
Turnkey Nuclear Power Plant EPC Agreements: The Case for Price CertaintyEpc Agreement • January 5th, 2010
Contract Type FiledJanuary 5th, 2010There is increasing optimism that construction of new nuclear power plants will be undertaken in this country beginning in the next few years. A fair number of utility companies are in the throes of negotiating multi-billion dollar engineering, procurement and construction (“EPC”) agreements with nuclear reactor vendors and constructors. Most encouraging, one Southeast utility has successfully completed negotiation of a turnkey EPC agreement for a new advanced two-unit nuclear plant, although the proposed project remains subject to state regulatory approval, as well as receipt of an NRC combined operating license (“COL”).