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Apr. 30 - Interim assessment agreement for Vogtle nuclear expansion extended

Coastal Empire News Staff Report

April 30, 2017 - Georgia Power and Westinghouse have extended the interim assessment agreement that will allow work to continue at the site through May 12.

During this time, the parties will continue to work on finalizing a new service agreement which would, if necessary, assure that Westinghouse continues to provide design, engineering and procurement services to Southern Nuclear as a part of their assumption of control over construction management.

Georgia Power will continue work to complete its full-scale schedule and cost-to-complete analysis and actively work with the Georgia Public Service Commission and the Co-owners (Oglethorpe Power, MEAG Power and Dalton Utilities) to determine the best path forward for customers. 

The company will continue to take every action available to hold Westinghouse and Toshiba accountable for their financial responsibilities under the engineering, procurement and construction (EPC) agreement and the parent guarantee, according to a statement Friday by Georgia Power.

Westinghouse filed for bankruptcy protection earlier in April, adding to the woes of the project which is hundreds of millions over budget, and multiple years behind schedule. 

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