WorleyParsons joint venture company G•UB•MK Constructors has been awarded a contract extension by the Tennessee Valley Authority (TVA) for its work on modifications, supplemental maintenance work, and selective catalytic/non-catalytic reduction (removal of nitrogen oxide from the flue gas) projects at various TVA coalfired and hydroelectric facilities.
The contract extension increases the contract ceiling by US $575 million and exercises the second option extending the contract for an additional four years to June 27, 2009. No minimum amount of work is guaranteed.
WorleyParsons is the sponsor and holder of 34% of G•UB•MK, an unincorporated joint venture formed in 1991 which has been providing services to TVA since that time. The current contract was awarded in 1999 and has a two-year option period remaining after 2009.
G•UB•MK is headquartered south of Knoxville, Tennessee and works at six TVA coalfired generating stations in Kentucky, Tennessee, and Alabama and twenty-nine hydroelectric plants located throughout the Tennessee Valley.
