RWM meaning in Business ?

Answer:

What is Radioactive Waste Management mean?

The Nuclear Decommissioning Authority (NDA) is a non-departmental public body of the Department for Business, Energy and Industrial Strategy, formed by the Energy Act 2004. It evolved from the Coal and Nuclear Liabilities Unit of the Department of Trade and Industry. It came into existence during late 2004, and took on its main functions on 1 April 2005. Its purpose is to deliver the decommissioning and clean-up of the UK's civil nuclear legacy in a safe and cost-effective manner, and where possible to accelerate programmes of work that reduce hazard. The NDA does not directly manage the UK's nuclear sites. It oversees the work through contracts with specially designed companies known as site licence companies. The NDA determines the overall strategy and priorities for managing decommissioning.

Although the NDA itself employs about 250 staff, its subsidiaries employ about 15,000 staff across the NDA estate.Its annual budget is £3.2 billion, the vast majority of which is spent through contracts with site licence companies, who also subcontract to other companies which provide special services. The NDA aims to do this by introducing innovation and contractor expertise through a series of competitions similar to the model that has been used in the United States.

In April 2017, the NDA lost a legal case in the Supreme Court regarding the procurement of a sizeable contract for the decommissioning of twelve different Magnox nuclear facilities when EnergySolutions EU (now called ATK Energy EU) challenged a decision in connection with ATK's unsuccessful bid. In February 2018 Parliament's Public Accounts Committee (PAC) concluded that the NDA had "dramatically under-estimated" costs and "completely failed" in the procurement and management of the Magnox Ltd contract, which was one of the highest value contracts let by the government. An independent inquiry into the deal was set up.

reference

Full Form	Category
Rossiter Wealth Management	Business
Roemer, Wallens, & Mineaux, L.L.P.	Business
Radioactive Waste Management	Business
Renaissance Wealth Management	Business
Residential Wholesale Mortgage	Business
Recycling and Waste Management	Business
Right Wing Media	Community
Recycling and Waste Management Exhibition	Community
Royal World Music	Community
Region Wide Messaging	Computing
Random Walk Metropolis	General
Roadway Management	General
Rear Wiper Motor	General
Road Weather Management	General
Rear Wiper Module	General
Right Worshipful Master	General
Reactor Wet Mass	General
Right Wing Midfielder	General
Run Wild Missoula	General
Real Work Matters	General
Rectangular Welded Mesh	General
Read Write Mount	General
Read Write Many	General
REading With Meaning	General
Reading Writing and Maths	General
Random Walk Model	General
Rich White Men	General
Read Write and Mknod	General
Red Weasel Media	General
Road Works Management	Governmental
Read/Write Memory	Governmental
Russell-Womersley-McDonald	Medical