UCOR, the U.S. Department of Energy’s cleanup contractor in Oak Ridge, received about $3.4 million for its performance from April through September 2016, or 94 percent of the total award fee available, federal officials said.
The Oak Ridge Office of Environmental Management, or OREM, recently issued the six-month fee determination scorecard for UCOR, or URS | CH2M Oak Ridge LLC, after completing its evaluation.
“Contractor award fee evaluations determine what will be paid based on performance against stated objectives in accordance with annual award fee plans,” the DOE Office of Environmental Management, or EM, said in the EM Update electronic newsletter on December 29. “EM releases information relating to contractor fee payments to further transparency.”
According to UCOR’s scorecard, the company received an overall rating of “very good†for project management and “high confidence†for cost and schedule based on cost and schedule indexes, the newsletter said. [Read more…]