GLDD Announces $143.5 Million In Contracts
Houston-based Great Lakes Dredge & Dock Corporation (GLDD) has announced the receipt of eight dredging contracts totaling more than $143 million, with an additional $102.9 million in options pending award.
The largest award is $26.6 million for the South Atlantic Division Regional Harbor Dredging 2023 Project, which will involve dredging the entrance channels of Brunswick and Savannah, Ga., Wilmington and Morehead City, N.C., and Charleston, S.C. The project also includes $12.7 million in option work pending award. The Savannah, Wilmington and Charleston engineer districts are the contracting organizations for the project. GLDD expects to commence work on the project in December, with an estimated completion date of August 2023.
Also on the East Coast, Great Lakes was awarded a $16.4 million contract to perform maintenance dredging at the Naval Submarine Base Kings Bay near St. Marys, Ga., and just north of Jacksonville, Fla. Material will be beneficially placed on Fort Clinch Beach and Fernandina Beach, with the Jacksonville Engineer District serving as the contracting agency.
GLDD was awarded two contracts in the Northeast: the Fire Island Inlet to Montauk Point Contract 2 Project in New York, worth $24.5 million, and the Great Egg Harbor Inlet and Peck Beach Ocean City Beach Renourishment Project in New Jersey, worth $21.5 million. Great Lakes plans to start both of those projects this year, with estimated completion in the first quarter of 2023. The project in New Jersey has $5.8 million of option work pending award.
Great Lakes was awarded a $20 million project for dredging the Redfish to Beacon 78 and the Bayport Flare portions of the Houston Ship Channel. The contracting agency is the Galveston Engineer District, and the project includes $25.6 million of option work pending award.
GLDD was awarded two other contracts in the Gulf Coast region. First, the Gulf Coast Regional Hopper Dredge Rental Contract is valued at $14.8 million and will involve maintaining operating depths in the Mississippi River and in the bar channel leading to Gulfport, Miss. Material will be deposited offshore. The New Orleans Engineer District is the contracting agency, and the contract includes $7.2 million in open options pending award. Work is expected to commence in March 2023 and conclude a year from now. Secondly, Great Lakes will perform channel maintenance work in Mobile Harbor near the community of Irvington, Ala. The contracting agency is the Mobile Engineer District. Work will commence in January 2023 and wrap up later next spring.
Finally, Great Lakes announced a $7.5 million award for the McLellan-Kerr Arkansas River Navigation System Station Dredging Project in Arkansas and Oklahoma. That work will involve returning the waterway to authorized depths, and the project includes $51.6 million of option work pending award.
“We have seen the U.S. Corps of Engineers bidding gain momentum in the third quarter after a significantly delayed first half of the year,” said Lasse Petterson, GLDD president and CEO. “Although the bid market was recovering in the third quarter, the commencement of this work due to delayed bidding will mostly be worked in 2023. This unanticipated and atypical delay will continue to impact our fourth quarter.”