Bechtel National's Hanford Site Contract Tops $17.3 Billion in Cumulative DOE Obligations
The 25-year-old cost-plus-incentive-fee contract for Department of Energy work in Richland, Washington was last modified July 16
Bechtel National, Inc., a subsidiary of Bechtel Group headquartered in Reston, Virginia, holds a Department of Energy contract that has reached $17,319,586,105.74 in cumulative obligations, according to federal spending records. The award, a cost-plus-incentive-fee definitive contract identified by federal procurement ID DEAC2701RV14136, carries a total potential value of $18,922,440,248.50 across its base and options.
For GovCon practitioners, the record illustrates how legacy government-owned, contractor-operated (GOCO) facility contracts continue to accumulate substantial obligations years after original award — this contract was signed December 15, 2000, and its period of performance now runs through April 11, 2027. USASpending.gov data shows the record was last modified July 16, 2026, reflecting continued funding activity on the long-running vehicle rather than a new award action.
The contract was awarded through full and open competition, with two offers received, under NAICS code 234930 (Industrial Nonbuilding Structure Construction). The listed product/service description is "Construct/R&D — GOCO Facilities." Place of performance is recorded as Richland, Benton County, Washington — the location of DOE's Hanford Site. The Department of Energy is both the awarding and funding agency of record.
As of this run, cumulative account-level outlays tied to the award stand at $4,194,373,113.86 against account-level obligations of $4,526,006,222.15, per USASpending.gov's award account data.
Source: USASpending.gov award record
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