Connecticut Port Authority retains confidence in cost of upgraded State Pier project

A delay in permitting has pushed some of the construction work at State Pier into late 2022, but the Connecticut Port Authority reported on Tuesday that the project remains on its projected $235 million budget. The port authority’s Board of Commissioners met by teleconference Tuesday, five days after receiving a key federal permit from the U.S. Army Corps of Engineers that authorizes in-water work. Projects like dredging deeper berths, installation of bulkheads and filling in the 7.4 acres of water between the two piers are now allowed to move forward. Marlin said the total estimated costs for the construction is $171.7 million, with an additional $32.1 million for the final dredging. The total remains under the $204 million “Targeted Guaranteed Maximum Price” for the project set by construction manager Kiewitt in April. That figure includes $193 million for construction and $11 million for contingency. There is an additional $31 million for project soft costs that include construction administrator fees, design, permitting, environmental mitigation and a railroad property lease.

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