The Nuclear Decommissioning Authority (NDA) has announced that the Cavendish Fluor Partnership has been selected as the preferred bidder in the competition to take ownership of Magnox Ltd and Research Sites Restoration Limited, the Site Licence Companies for 12 UK nuclear sites.

Following a mandatory 10-day standstill period, a five-month transition phase will begin during which the contract between the NDA and Cavendish Fluor Partnership will be finalised. The formal award of the contract for the new Parent Body Organisation and Site Licence Company Agreements is planned for 1 September 2014. It is anticipated that this contract will provide savings in excess of £1bn in the decommissioning programme for the 12 nuclear sites.

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Cavendish Fluor Partnership is a joint venture between Cavendish Nuclear (a wholly-owned subsidiary of Babcock International Group PLC) and Fluor Corporation.

Peter Rogers, Chief Executive of Babcock, commented: "The announcement that Cavendish Fluor Partnership has been chosen as preferred bidder for one of the UK's biggest and most significant nuclear site management and decommissioning contracts reflects not only the market leadership of Cavendish Nuclear in nuclear engineering services but also its ability to successfully deliver complex projects of national significance in very demanding environments."

(CD/JP)