A project to provide a full scope simulator to Slovenské elektrárne for a two-reactor plant in Slovakia is expected to remain suspended until May 2013, GSE Systems said in its second quarter update on 14 August.
In May 2012, SE notified GSE of its decision to suspend work under the contract due to changes in the Slovakian regulation requiring redesign of certain aspects of the plant. The decision to suspend the contract is not related to work being performed by GSE.
Since May 2012, GSE said it has provided a two-person engineering team to support the project during the suspension period, which is currently expected to continue until May 2013.
The companies are in the process of discussing amendments to the existing contract, including the additional scope of work and costs related to suspension of the contract and its restart.
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