LOCAL 8 WEATHER ALERT: Strong to severe storms will be possible in spots later tonight...9 PM Saturday to 2 AM Sunday is the favored time period...with the potential for large hail and damaging wind, and possibly even an isolated tornado.
KNOXVILLE, Tenn. (AP) -- The Tennessee Valley Authority has awarded Bechtel Power Corp. the main engineering, procurement and construction contract to build a second reactor at the Watts Bar nuclear station.
The five-year project getting underway in Spring City, about 50 miles south of Knoxville, has been budgeted at $2.49 billion. Bechtel, the country's largest nuclear contractor, will be eligible for up to $1 billion.
Teams led by Bechtel and Shaw/Stone & Webster were the only two bidders.
Bechtel also oversaw a $20 million internal study for TVA to determine whether to build the second reactor at Watts Bar. TVA spokesman John Moulton said "extra care" was taken to ensure that all information generated by that study was available to all bidders.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.