The Regents of the University of California received a contract worth $19,714,118,737 from the Department of Energy. This contract is a performance-based management contract for the management and operation of the Lawrence Berkeley National Laboratory. The contractor will carry out missions and programs assigned by the Department of Energy.
This contract is important because it secures funding for the management of a major research facility. The work done at the Lawrence Berkeley National Laboratory can lead to advancements in science and technology.
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