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Department of Energy faces huge cost increases – Mid-Columbia News | Tri-City Herald : Mid-Columbia news

Department of Energy faces huge cost increases
TriCity Herald By Annette Cary, Herald staff writer

Oct. 07, 2008

Cost increases and project delays continue to mount at the Department of Energy’s 10 largest projects at nuclear weapons sites, five of them at Hanford, according to a Government Accountability Office report to Congress………………………Estimated costs for DOE’s 10 largest cleanup projects have increased by a combined $25 billion over the past few years, with the largest increase in the cost to clean up and close Hanford’s tank farms, where 53 million gallons of radioactive waste are held in underground tanks………………………………

The estimated completion date has moved from 2032 to sometime between 2042 and 2050.

Schedule delays for the 10 projects GAO studied were as long as 15 years, with the longest delays projected at Hanford.

Department of Energy faces huge cost increases – Mid-Columbia News | Tri-City Herald : Mid-Columbia news

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October 8, 2008 - Posted by | business and costs

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