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Home›Business & Finance›GLDD Wins Contracts Totaling $141 Million
Business & Finance

September 11, 2019 · about 6 years ago

GLDD Wins Contracts Totaling $141 Million

Great Lakes Dredge & Dock Corporation (GLDD) has announced the receipt of several major dredging awards totaling $141 million. David Simonelli, President of Dredging commented, “We are pleased to announce these significant capital and maintenance dredging awards for our company. We expect these proj

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Great Lakes Dredge & Dock Corporation (GLDD) has announced the receipt of several major dredging awards totaling $141 million.

David Simonelli, President of Dredging commented, “ We are pleased to announce these significant capital and maintenance dredging awards for our company. We expect these projects to contribute positively to Great Lakes’ performance this year and in 2020 and contribute to the strengthening of the U.S. infrastructure .”

The awarded work includes:

The base scope for the Jacksonville Deepening Contract B was won in 2018 and the option work is a continuation of channel deepening an additional 2.5 miles upriver. Work is expected to begin in September with completion in late 2020.

The Baltimore Harbor project involves maintenance dredging of the sea-lanes into Baltimore and is expected to commence in the first quarter of 2020. Dredge material is to be pumped for beneficial use.

The Boston Harbor project is maintenance dredging of the inner harbor channels and is expected to commence in late September.

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