Great Lakes Announces $59.8 Million In Contracts, Continuing Impressive Third Quarter
Oak Brook, Ill.-based Great Lakes Dredge & Dock Corporation has announced five newly awarded contracts totaling $59.8 million, which brings the company’s total contracts awarded in the third quarter of 2020 to more than $416 million.
“Great Lakes is pleased to add these projects to our growing backlog of deepening, coastal protection and maintenance dredging work with third quarter awards totaling $416.8 million,” Chief Operating Officer David Simonelli said. “These efforts will contribute to our 2020 performance and continue to position us well for 2021. Working on these projects allows Great Lakes to help strengthen the U.S. economy and support the overall improvement and resiliency of our country’s environment, coastlines and infrastructure.”
The newly announced contracts include $13.8 million for the Atchafalaya River Bay, Bar and Crewboat Cut Maintenance Dredging Project. Great Lakes expects that work to be completed in the second quarter of next year.
Also included in the announcement are two shore protection and beach renourishment projects in Florida, a $10.6 million contract for the North Reach Segment in Brevard County and an $8.5 million contract for Fort Pierce. The company anticipates completion of those projects in the first quarter of 2021 and May 2021, respectively.
Great Lakes Dredge & Dock also announced an $8.3 million contract with the Mobile Engineer District for part of the Mobile Harbor Deepening and Widening Project. The contract is part of Phase 1 work on the deepening project and will take the channel from a depth of 49 feet to 54 feet. Great Lakes expects that work to be complete by the second quarter of next year.
Among the $59.8 million of new work, Great Lakes Dredge & Dock also counted three other capital and maintenance awards totaling $18.6 million.
The October 2 announcement of new contracts came just a week after Great Lakes’ receipt of a $105 million base and option B contract for deepening the Jacksonville, Fla., harbor to 47 feet. The Jacksonville Harbor Deepening Contract C Project is expected to involve removal of 4.1 million cubic yards of material from about 1.7 nautical miles of the St. John’s River. The work will deepen and widen the channel, expand the turning basin and deepen berths at the Jacksonville Port Authority’s Blount Island Marine Terminal.
Great Lakes Dredge & Dock is the largest provider of dredging services in the United States, with a fleet of more than 200 vessels.