The San Francisco Public Utilities Commission is seeking a contractor to replace the 85-year-old Calaveras Dam near Fremont and Sunol in the East Bay for a project estimated to cost $434 million. Photo: Courtesy of SFPUC The Calaveras Dam normally supplies nearly half the water to the Bay Area. Notice went out on Jan. 31, with a pre-bid meeting scheduled for Feb. 15 and contract award at the end of March. Construction, estimated to cost between $250 million to $300 million, is set to start in the summer. Prequalified prime contractors eligible to bid on the project include Dragados USA,
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.