Seattle Bridge Bid Comes in Under Projected Estimates

(Bellevue Reporter) - Kiewit-General-Manson’s bid price of $586.5 million for construction of a new, six- lane floating bridge on State Route 520 is $163.5 million less than the high-end estimate included in the request for proposals.

August 15, 2011

The low bid for the State Route 520 bridge came more than $160 million under the projected budget, the Washington State Department of Transportation said Wednesday.

Kiewit-General-Manson's bid price of $586.5 million for construction of a new, six-lane floating bridge is $163.5 million less than the high-end estimate of $750 million included in the request for proposals. WSDOT staff analyzed and scored proposals from three prequalified teams vying to design and build the new bridge.

"Replacing the aging SR 520 bridge is a critical priority for the state and an investment that will create jobs today and into the future," Gov. Chris Gregoire said. "Identifying the contractor who provides the apparent best value is a major step toward constructing a safer bridge that will keep our economy moving."

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Volvo Ce Pioneers E Shuttle Service To Cut Transport Emissions 660d7bf383081

Volvo Construction Testing Out Excavator Delivery in France With E-shuttle

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Progress included the removal of a 156-ton piece of Span 19 outside of the navigational channel, which was hoisted and loaded onto a barge and taken to Sparrows Point, Md., for future disposal.

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JA Mitsui Leasing has announced that it has acquired a 100% interest in Oakmont Capital Holdings.

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