Atomic Energy Canada Limited (AECL) has exercised its option to extend the Government-owned, Contractor-operated (GoCo) contract to the anticipated 10 years.
The GoCo contract had an initial term of six years with an option to extend by four years. AECL’s decision to exercise the 4-year option was made based on the performance to date of Canadian Nuclear Laboratories (CNL) and Canadian National Energy Alliance (CNEA), and the ongoing need for the programs of work that are underway under the contract.
This is a result of the hard work and expertise and experience of the more than 3000 people at CNL, who are delivering important science and environmental remediation for Canada at AECL sites across the country.
This contract extension will allow for the critical work on the revitalization of the Chalk River Laboratories to continue, to allow for ongoing world-class nuclear innovation for decades to come. It will also allow for important environmental remediation work to go uninterrupted for the benefit of all Canadians and of future generations.