Naval Base San Diego Dredging Contract Awarded
- Business & Finance
Granite and Healy Tibbitts Builders, Inc. announced yesterday that their joint venture team has been awarded a $27 million dredging contract in San Diego.
The contract was awarded by Naval Facilities Engineering Command Southwest and includes maintenance dredging at Piers 1, 3, and Paleta Creek at Naval Base San Diego.
The contract also includes one unexercised option, which if exercised would increase the cumulative award value to $38 million.
Granite will book $21 million, or its 78% share, of the $27 million contract in its second quarter 2019 backlog.
The project will re-establish the operational and berthing depth required for United States Navy vessels and other visiting vessels, and restore the pier slips and creek area for safe and unrestricted navigation.
The dredged material will be screened for unexploded ordnance and radiological debris, dried or dewatered prior to transport for disposal at a commercial landfill.
Construction is scheduled to begin in summer 2019 and be complete in fall 2021.