Hey LANS, where's the $65,725,677?
McMillan told us where the fee goes, but failed to account for $65,725,677. Senior Management bonuses baby, bonuses!
Overall, of the $94,274,050 in total fee available for FY2011, LANS was awarded $83,725,677 for performing approximately $2.6 billion worth of work for the nation.
Where the fee goes:
Under the LANS, LLC structure, performance fee goes to LANS’ parent organizations: the University of California, Bechtel National, Babcock & Wilcox, and URS.
The University of California has provided approximately $9 million of its fee to fund collaborative research between LANL and UC scientists and engineers in areas important to the Laboratory. (For more information, see the recent Call for Proposals, which solicits ideas for this year’s collaborative research funding opportunities.)
The four LANS partners provided $2 million from performance fee to upgrade the Weapons Neutron Research facility at LANSCE, at the request of Director Mike Anastasio.
The four partners provided $6.7 million to fund LANL costs that cannot be billed to the government. Examples include:
At least $3 million for community and educational investments under the LANS Community Commitment Plan (CCP). If our fee reaches a certain threshold, this number rises. An announcement on this year’s CCP funds is forthcoming.
Funding to recruit and retain valued scientists and engineers.
A $50,000 challenge grant to reimburse businesses that helped emergency responders during the Las Conchas Fire,
Overall, the four partners reinvest approximately $18 million of annual fee in Lab capability and Northern New Mexico.
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