SEC Awarded DOE OR21 ORNL Facilities D&D

SEC Team - Ready to Perform $16.8M ARRA Funded Project

Knoxville, Tennessee – March 31, 2010 - Safety and Ecology Corporation (SEC) was awarded the U.S. Department of Energy’s (DOE) Oak Ridge Office (ORO) Task Order OR21 for environmental cleanup operations at the Oak Ridge National Laboratory (ORNL) as a part of the American Recovery and Reinvestment Act of 2009. Under this contract, valued at $16.8 million, SEC will perform miscellaneous facilities deactivation, demolition, and disposition (D&D) and legacy material removal at ORNL.

“Our team is ready to get to work,” said Christopher Leichtweis, President of Homeland Security Capital Corporation and CEO of SEC. “SEC’s local experience, resources and knowledge provides strength maximizing project efficiencies, while minimizing costs to the government.”

The Recovery Act’s purposes are to stimulate the economy and to create and retain jobs. SEC estimates that over the 15 month project, approximately 30 technical positions will have been created or retained. Mr. Leichtweis added, “SEC is fortunate to have an avenue to save and retain local workforce positions and create new jobs in the community, through the stimulus funds.”

As stated in a DOE issued press release dated March 31, 2010, "This funding is helping to accelerate the cleanup and demolition of unneeded facilities at the Oak Ridge National Laboratory – an important step for the continued environmental cleanup at the site," said Gerald Boyd, manager of the Oak Ridge Office. "This small business award will create jobs locally and support economic development in our community."

SEC’s proposal for Task Order OR21 was selected based on a best value determination. Under this contract, SEC will D&D 34 facilities in the ORNL central campus area. When operating, these facilities were used to support reactor operations and for various laboratory support activities. In addition to the D&D work, SEC will also remove materials from inside five additional central campus buildings and six Radioisotope Thermoelectric Generators (RTG) located outside Building 3517. An RTG is an electrical generator that obtains its power from radioactive decay. In such a device, the heat released by the decay of a suitable radioactive material is converted into electricity.

SEC brings more than 18 years of successful, hands-on Nuclear Regulatory Commission (NRC) facility and DOE site remediation project performance, to this effort. Led by SEC project managers Kent DeRoos and Jeff Scott, the team includes subcontractor URS Corporation. Niche local subcontractors have been added to provide specific strengths to the team that are critical to project completion, including; Strata-G, E. Luke Greene and Restoration Services, Inc.

Mr. DeRoos has been with SEC more than eight years and brings 15 years of relevant experience managing environmental remediation, D&D and facility refurbishment projects, specifically with complex projects in Oak Ridge. Mr. Scott brings 14 years experience in various management roles in the engineering, construction and environmental remediation fields and has recently been promoted to SEC’s Chief Technical Officer.

The task order is awarded through DOE Environmental Management’s (EM) Nationwide Multiple Award Indefinite/Delivery Indefinite/Quantity contracting tool out of DOE's Consolidated Business Center in Cincinnati. The notice of award, posted to FedBizOpps.gov on 3/19/2010.

The DOE Press release can be found: www.oakridge.doe.gov.

About Safety and Ecology Corporation
Safety and Ecology Corporation (SEC) is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. SEC also provides advanced environmental services for private industry across the country and internationally. Since its founding in 1991, SEC has grown approximately 30 percent per year, and has emerged as a technology innovator with more than 450 personnel worldwide and with annual revenues of more than U.S. $70 million.

For more information on SEC’s parent company, Homeland Security Capital Corporation, visit www.hscapcorp.com.