The federal assessment has led to a one-year extension of their contract to run the lab for the Department of Energy.
Deputy Director Jan Van Prooyen says the extension from seven years to eight is a vote of confidence.
The contractor also earned nearly 88 percent of the fees possible under the contract.
The assessment, released Wednesday, was done by the National Nuclear Security Administration's Los Alamos site office.
It was the first year the government could extend the expiration date.
Ultimately, the contract could be extended up to 20 years.
Van Prooyen says the contract extension was the management team's most important goal.
"The contractor also earned nearly 88 percent of the fees possible under the contract. ... Van Prooyen says the [one-year] contract extension was the management team's most important goal."Welcome back Pat. Good Dog!
Not national security. Not science. Just the money, thanks -- for pretending to care (bureaucratically) about safety and security.
--Pat, The Dog
[See also the DOE and Bechtel press releases.]
UPDATE: The 88% figure includes the fixed fee of $21,984,404 which was not at risk. The real number is 81% (figures from DOE press release).