UChicago Inks $2.5B Deal to Retain Argonne Control
WASHINGTON, Aug. 2, 2006 -- The University of Chicago, through its solely owned independent entity UChicago Argonne LLC, will retain its 60-year hold on the management of Argonne National Laboratory, the Department of Energy (DoE) announced this week.
The University of Chicago has managed Argonne since 1946, and the contract was opened to competitive bidding for the first time this year. UChicago Argonne's was the only bid received, the DoE said. The initial contract term will be Oct. 1, 2006, to September 2011....