27
January
2016
|
06:38 PM
America/Los_Angeles

Vit Plant commended by DOE EM for savings

Summary

Bechtel and the Hanford Vit Plant were commended by the Department of Energy Office of Environmental Management for saving $3.4 million in procurements and subcontracts in Fiscal Year 2015.

Bechtel National, Inc. and the Hanford Vit Plant were commended by the Department of Energy (DOE) Office of Environmental Management (EM) for saving $3.4 million in procurements and subcontracts in Fiscal Year 2015 (FY15). The Vit Plant exceeded its FY15 savings goal of $2.3 million by 46.7 percent.

The Project participates in the EM Strategic Sourcing Initiative (SSI), a contractor-led initiative to maximize taxpayer value for every DOE EM acquisition dollar spent. The initiative helped EM exceed its FY15 Strategic Sourcing target savings goal of $20 million and achieve a total actual savings of $28 million.