DredgeWire16 Jul 2026Competition
Automatically composed with AI from the cited sources
The consortium includes Van Oord, Aecon, and Carlson Construction, with Arcadis as designer, selected for the principal marine construction package under a progressive design-build, target-price model. The port authority targets financial close and early works by late 2027, with land reclamation starting in 2028, while Aecon expects a design and early works agreement in Q3 2026 and the full design-build agreement in Q1 2028. This formalizes the July 14 preferred proponent selection (REF:1) by confirming the lead entity, full team and procurement model.
Context
This formalizes the July 14 preferred proponent selection (REF:1) by confirming the lead entity, full team and procurement model.