Leidos-Parsons-Centerra JV Gets $4B DOE Site Services Contract

A team composed of Constellis‘ Centerra subsidiary, Leidos (NYSE: LDOS) and Parsons (NYSE: PSN) has secured a potential 10-year, $4B contract to perform site services at the Department of Energy™s Hanford facility.

The Hanford Mission Integration Solutions team will carry out land management, security, information technology, site and emergency services as part of the cost-plus-award-fee contract, DOE said Thursday. The contract also features indefinite-delivery/indefinite-quantity and cost-reimbursement line items.

Contract work will cover infrastructure updates, maintenance efforts and the creation of support infrastructure for the site™s Waste Treatment and Immobilization Plant.

The team will also oversee the Hazardous Material Management and Emergency Response, or HAMMER, federal training center.

The contract has a base period of five years and work could extend to five more years if all options are exercised. DOE received three bids for the competitively solicited contract.

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