Fluor Hanford, Inc. is pleased to submit the K Basins Fuel Transfer System (FTS) for consideration by the Project Management Institute as Project of the Year for 2003. The FTS involved installing a unique, unproven system in an inhospitable and deteriorating radiological and hazardous environment, under very stringent requirements and within an extremely condensed schedule -just 19 months, from authorization to full operations. The FTS, therefore, is an excellent example of effective project management, and the dynamic involvement of an integrated team representing a broad spectrum of personnel, disciplines, and services. The FTS is an integral and critical part of a larger project at Hanford -the Spent Nuclear Fuel Project (SNF). The mission of the SNF Project is to relocate used, or spent, nuclear fuel to safe interim storage, permanently dispose of radioactive debris in the K-Basins, and deactivate all related facilities and prepare them for demolition. Today, the FTS is being used to remove highly radioactive nuclear fuel from an aging, and potentially unstable storage in underground pools of water - the K-Basins - and safely transport it to a processing area to be cleaned, dried and sent to safe storage.