Accession Number : ADP002790
Title : Nuclear Reactor: On Schedule and Under Cost,
Corporate Author : DEPARTMENT OF ENERGY RICHLAND WA RICHLAND OPERATIONS OFFICE
Personal Author(s) : Larson,R. D.
Report Date : 1983
Pagination or Media Count : 4
Abstract : The National Society of Professional Engineers has named the Fast Flux Test Facility (FFTF), an experimental nuclear reactor cooled by molten sodium, one of the nation's ten top engineering achievements of 1982. The reactor is located at Richland, Washington. In the early 1970's, there were serious concerns whether the reactor would ever be built because of cost overruns, schedule slippages, design changes and a general lack of confidence in control of the project. Several major management actions were taken to assure that the design-construction project was completed within the cost and schedule re-established by Congress in 1975. The major management tool used to incentivize the design-construction contractor and assure completion of the project within the new schedule and budget was the cost plus award fee, cost plus incentive fee contractual arrangement developed for this project.
Descriptors : *Government procurement, *Contract administration, *Management planning and control, *Planning programming budgeting, Scheduling, Requirements, Cost analysis, Cost overruns, Incentive contracts, Productivity, Symposia
Distribution Statement : APPROVED FOR PUBLIC RELEASE