Report: Congress Probes Nuclear Regulatory Commission’s Real Estate Holdings

A House subcommittee is investigating the Nuclear Regulatory Commission’s plans to move to a new space in North Bethesda based on hiring plans that never came into fruition, The Washington Business Journal reports.

At issue, The Business Journal reports, is the NRC’s decision to lease space at the Three White Flint building—at a cost that is triple the amount Congress authorized in 2007—under the thinking that it would need to hire hundreds of employees to process a wave of applications to build nuclear reactors.

The Gazette reported that Philadelphia-based LCOR sold Three White Flint for $131 million.

But when the utilities backed out, the need to hire more workers was no longer there, according to The Business Journal’s account.

Read the full story at The Washington Business Journal.