The U.S. Army Corps of Engineers has started staged award of a $500-million-plus contract for construction of the Gulf Intracoastal Waterway West Closure Complex in southeast Louisiana. It is expected to be the largest and most complex piece of the Greater New Orleans Hurricane and Storm Damage Risk Reduction System. Included are extensive flood-wall systems, a 20,000-cu-ft-per-second pump station and two sector gates of about 225 ft and 75 ft in width, all built next to a federally designated “nationally significant” wetland, says Kevin Wagner, Corps senior project manager. On April 17 Gulf Intracoastal Constructors, New Orleans, a joint venture
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.