Photo courtesy ORNL TVA relieved Bechtel from construction management at Watts Bar nuclear plant, after construction schedule slipped from 2012 to 2013 completion date. Related Links: Florida Utility: No Way To Predict Nuke Plant Cracking The Tennessee Valley Authority is taking over the management of the construction of the second unit at the Watts Bar nuclear plant after the construction schedule slipped under the current contractor, the federal power producer said Wednesday.TVA renegotiated its engineering, procurement and construction contract with Bechtel Power, Terry Johnson, a TVA spokesman, said. TVA will take over as project manager while Bechtel retains the technical
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.