OMI Signs Agreement to Manage Utilities at Doe Facility.OAK RIDGE Oak Ridge, city (1990 pop. 27,310), Anderson and Roane counties, E Tenn., on Black Oak Ridge and the Clinch River; founded by the U.S. government 1942, inc. as an independent city 1959. , Tenn.--(BUSINESS WIRE)--March 31, 1998--Operations Management International Inc. (OMI (1) See Open Market. (2) (Open Microprocessor Initiative, Brussels, Belgium) An organization that functions under the umbrella of the European Commission. It funds projects that research and develop advanced microcontroller technologies. ) signed an agreement Tuesday with the Community Reuse Organization of East Tennessee East Tennessee is a name given to approximately the eastern third of the state of Tennessee. Unlike the names given to regions or portions of many of U.S. states, the term East Tennessee can be precisely defined. (CROET CROET Center for Research on Occupational and Environmental Toxicology (Portland, OR) CROET Community Reuse Organization of East Tennessee ) and the Department of Energy (DOE) to manage, operate, maintain and rehabilitate utilities systems and infrastructure located at the East Tennessee Technology Park in Oak Ridge. The 10-year agreement is worth an estimated $14 million a year and has two optional five-year renewals. The project begins April 1. The project will further CROET's and DOE's goal of reindustrializing the East Tennessee Technology Park by enabling CROET to offer competitive utility rates to attract and retain private tenants. OMI will provide a wide range of utility services, including: potable potable /pot·a·ble/ (po´tah-b'l) fit to drink. po·ta·ble adj. Fit to drink; drinkable. potable fit to drink. water treatment and distribution; sanitary sewage collection and treatment; sanitary water and sewage sampling and analysis; fire protection water system maintenance; stormwater management; steam generation and distribution; compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. production and distribution; nitrogen storage and distribution; natural gas distribution; road, sidewalk and parking area maintenance; groundskeeping Groundskeeping is the activity of tending an area of land for aesthetic or functional purposes; typically in an institutional setting. It includes mowing grass, trimming hedges, pulling weeds, planting flowers, etc. A person who engages in this work is called a groundskeeper. ; and leased buildings maintenance. OMI will save DOE and CROET's tenants $750,000 during the first year of the contract, $1.5 million during the second year, and $2 million annually for the remainder of the contract. These savings will be achieved by implementing proven private-sector utility management practices. Competitive utility rates will generate sufficient revenues to fund operations and maintenance as well as capital improvements needed for facility rehabilitation. "We are proud to be a partner in helping DOE and CROET realize their common vision of economic development and reindustrialization in Oak Ridge," said OMI President Don Evans. "This history-making agreement establishes a model for bringing private development to other federal sites." The East Tennessee Technology Park is the former DOE Manhattan Project Manhattan Project, the wartime effort to design and build the first nuclear weapons (atomic bombs). With the discovery of fission in 1939, it became clear to scientists that certain radioactive materials could be used to make a bomb of unprecented power. U.S. site known as K-25. Enriched uranium was produced at the site for use in nuclear weapons and nuclear power. Production facilities were shutdown in 1985 when the site's mission turned to environmental management and reindustrialization. A member of the CH2M HILL Family of Companies, Ltd., OMI offers complete infrastructure development, financing, design, and operations and maintenance services. OMI is a leader in the management and operation of water and wastewater facilities, providing a wide range of privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned and outsourcing solutions for customers in government and industry. Headquartered in Denver, the company operates over 120 water and wastewater facilities in the Americas, Middle East, and Asia. For more information about OMI, visit the company's website at http://www.omiinc.com. CONTACT: OMI Inc. Susan Mays, 303/740-0019 Pager: 800-652-4967 E-mail: smays@ch2m.com |
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