"As a part of our contract we have a small business plan. That plan encourages us to subcontract to small businesses as much as we can we purchasing goods or services. Through the first nine months of our contract, we have spent a little over $100 million with small businesses, since the end of December," Jerry Schneider, spokesperson for Fluor-B&W Portsmouth said.
"We had said in our community commitment plan that we had plans to spend on average $30 million a year in the local community. At the end of December we had spent $27 million," Schneider said. "We are very optimistic we will be able to meet our goal, of spending $30 million by the end of the first year, which would be at the end of March."
Other details of the commitment include, investing five percent of its fee in a four-county region (Scioto, Pike, Jackson and Ross Counties.) "We will use these funds to establish a community commitment fund. Through this fund, we will target 80 percent to economic development and 20 percent to charitable giving initiatives that provide the greatest impact to the region," the plan outlines.
Fluor-B&W Portsmouth estimated the investment to be $1.3 million per year.
As a part of the community commitment Fluor-B&W Portsmouth has committed to educational outreach through initiatives as, partnerships, scholarships, workforce development and public understanding.
The states the company will target 12 scholarships per year worth $240,000 over the life of the D&D contract.
"One of our (Fluor-B&W Portsmouth) roles in executing the Portsmouth D&D Mission is to be a strong corporate citizen by investing in the socio-economic health of the community. Through community partnerships, we will link today's D&D project with tomorrow's future use of the Portsmouth site to ensure the region's economy is stronger than it was upon or arrival," the plan states.
There are a number of initiatives outlined in the 27 page document that can be found and downloaded in it's entirety at, fluorportsmouth.com.