Lab wins incentive fee, contract extension
ALBUQUERQUE (AP) - Los Alamos National Laboratory's deputy director says the lab's managers are pleased with their report card for the year.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.
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"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).
LANS does whatever NNSA wants, no matter how damaging to the welfare of LANL employees. So NNSA will do whatever it takes to give LANS good publicity in order to keep LANS running LANL. NNSA is doing a wonderful job covering for LANS destruction of the workforce at LANL. NNSA does not care about the employees of its contractors, never has and never will.
ReplyDeleteAnonymous at 12/11/08 7:35 AM writes: "LANS does whatever NNSA wants, no matter how damaging to the welfare of LANL employees."
ReplyDeleteThat is only part of the issue. The good of the nation is also being sacrificed to LANS' incentive fee.
VanProoyen's going to Disneyland! (EuroDisney, that is.)
ReplyDeleteI thought LLC meant Limited Life Component.
ReplyDeleteThe rape of LANL continues...
ReplyDeleteSpeaking of corruption...
ReplyDeleteMy God, when does all this Wall Street corruption finally come to an end? The latest Wall Street con man is reported to have made off with over $50 billion in other people's money:
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Madoff's alleged $50 billion fraud hits other investors - Reuters, Dec 13
NEW YORK (Reuters) - Investors scrambled to assess potential losses from an alleged $50 billion fraud by Bernard Madoff, a day after the arrest of the prominent Wall Street trader.
Prosecutors and regulators accused the 70-year-old, who was chairman of the Nasdaq Stock Market in the early 1990s, of masterminding a fraud of epic proportions through his investment advisory business, which managed at least one hedge fund.
Hundreds of people, investing with him through the firm's clients, entrusted Madoff with billions of dollars, industry experts said.
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The American people have had their pockets picked cleaned by these fast talking, Gucci loafer wearing con men of the investment community.
It has to stop and I have a solution. Have a trial for the guy, find him guilty of financial treason against the people of the United States, then take him out onto the steps of Wall Street and publicly execute him by firing squad in front of his Wall Street cohorts.
End of all the Wall Street corruption problems, I guarantee you!