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Oak Ridge uranium processing facility costs running out of control?

Frank Munger: Alexander keeping eye on Uranium Processing Facility costs Knox News, By Frank Munger  June 5, 2013 U.S. Sen. Lamar Alexander has been a big supporter of the Uranium Processing Facility and no doubt still is, but Tennessee’s senior senator sounded a warning last week that he wouldn’t put up with out-of-control costs — even for an Oak Ridge project that he considers essential.

“I’ve pretty well had it with these big Energy Department projects
that start out costing a billion dollars and end up costing $6
billion,” Alexander said in an interview. “We can’t afford that. And
we can use the money much more wisely, either to reduce the debt or to
pay for energy research.”

There are reports that the UPF is on the verge of going over the top
end of its estimated cost range — currently set at $4.2 billion to
$6.5 billion. The senator is the ranking Republican on the Senate
Appropriations’ energy and water subcommittee, which plays a pivotal
role in funding the Department of Energy and its sub-unit, the
National Nuclear Security Administration.

I asked him if there was a price tag too high.

“Well, we’ll have to decide that,” he said. “One thing I want to make
sure is we don’t start constructing the facility until we have a
design. And then I want it to be more like the big Spallation Neuron
Source which we built a few years ago that (ORNL Director) Thom Mason
was in charge of. Once we knew the design and we knew the cost, even
though the number was big ($1.4 billion), they stayed on time and on
budget.”

When pressed about a cost ceiling for UPF, Alexander wouldn’t go
there….. http://www.knoxnews.com/news/2013/jun/05/frank-munger-alexander-keeping-eye-on-uranium/

June 6, 2013 - Posted by | business and costs, Uranium, USA

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