National Laboratory Partners of Canada will take over management of Canadian Nuclear Laboratories tomorrow under a new GoCo contract with Atomic Energy of Canada Ltd.
After five months of review, the deal was cleared late last month by the Competition Bureau.
The Competition Bureau agreed November 25 that it would issue a “No Action Letter” on the contract with NLPC.
According to the Competition Bureau’s website, an NAL may be issued when the bureau determines that a proposed transaction is “not likely to result in a substantial lessening or prevention of competition.”
A “No Action Letter” confirms that “we do not intend to challenge the proposed transaction at this time,” the bureau says.
AECL announced its decision last June to award the next government-owned, contractor-operated (GoCo) management contract for CNL to a new group called the “Nuclear Laboratories Partners of Canada.”
NLPC has three primary members – BWXT Government Group, Amentum Environment & Energy, and Kinectrics Inc – with Battelle Memorial Institute included as key subcontractor.
NLPC was expected to assume responsibility for CNL, with Dennis Carr as president and CEO, on September 13.
However, that move was put on hold while the contract was reviewed by the Competition Bureau.
“It is important to note that CNL itself is not changing” with the new contract, AECL said Monday in a message from acting vice-president Maude-Emilie Page.
“Its missions and mandate are not changing, and it continues to be responsible for operating AECL’s sites and assets – delivering on the three missions of science and technology, environmental remediation and the revitalization of the Chalk River Laboratories”…
- For the full story, pick up a copy of this week’s NRT.
The NRT website offers just a sample of what you’ll find inside each week’s issue. To get the full NRT delivered directly to your mail box or inbox each week, subscribe to our print or digital editions here.
