CB&I awarded $90 million remedial contract

Energy infrastructure company CB&I (The Woodlands, Texas) has been awarded a contract in excess of $90 million with the U.S. Naval Facilities Engineering Command (NAVFAC) Atlantic. CB&I will perform remedial actions at environmentally contaminated sites involving Naval or Marine Corps activity. “CB&I has supported U.S. Navy environmental programs for more than 20 years, working at military installations worldwide,” said Chip Ray, president of CB&I’s Capital Services operating group. “We are pleased to continue our long-standing relationship by bringing strong technical capabilities to this program.” CB&I’s revenue for 2015 was $13 billion; new awards for the year exceeded $13 billion, resulting in a backlog of $23 billion at year’s end.