Babcock & Wilcox receives an early-work award for a roughly $130 million project
Babcock & Wilcox ($BW) received a limited notice to proceed on an air-quality project at a US coal-fired power plant with an estimated total value of approximately $130 million. The initial authorization covers activities including engineering, development work and procurement of long-lead equipment. Its construction business is expected to handle installation and construction work as the project progresses. The distinction between the preliminary award and the full project value is important. A
0