USEC Suing U.S. DOE Nearly $38 Million for Unpaid Contract Work

Platts reported that uranium enrichment company USEC is suing the U.S. Department of Energy for almost $38 million for unpaid contract work.

As quoted in the Platts report:

Now that these contracts are largely over, DOE is continuing to refuse to reimburse these costs with any valid basis,” the lawsuit argues. “The time has come for DOE to pay its bills for work performed by USEC and to stop managing DOE’s funding issues at USEC’s expense.

To view the whole Platts report, click here.