Chester Dredging Deal for GLDD
- Business & Finance
Great Lakes Dredge & Dock Company, from Oak Brook, Illinois, has won a $14.1 million modification to contract W912BU-15-C-0054 for the Delaware River dredging and rock removal operations.
Work will be performed in Chester, Pennsylvania, with an estimated completion date of March 15, 2019, according to the latest U.S. Department of Defense’s (DoD) release.
The project is a part of a plan to deepen the federal channel of the Delaware River to provide for more efficient maritime transport of cargo.
The deeper channel will provide for more efficient transportation of containerized, dry bulk (steel and slag) and liquid bulk (crude oil and petroleum products) cargo to and from the Delaware River ports, with estimated net annualized benefits of more than $13 million to the U.S. economy.
The U.S. Army Corps of Engineers, Philadelphia District, is the contracting activity.