Post by Logan on May 4, 2016 1:43:28 GMT -6
Explosives-handling wharf at Bangor costs $267 million less than expected
BANGOR, WASHINGTON — The Navy recently returned $267 million it was allocated for an explosive-handling wharf project at Naval Base Kitsap-Bangor.
When the project was authorized in 2012, the price was projected at $715 million, but a cost decrease notification issued last week by the Navy showed an adjusted price of $448 million.
One of the reasons the money wasn't needed was because a skilled local workforce was available through a project labor agreement, which U.S. Rep. Derek Kilmer touted Monday at the White House.
Design costs also were lower than expected; the contractor accepted less profit; and work was interrupted less often for ordnance operations at the old wharf and for migratory birds and marine mammals, according to the notification.
Read more: www.kitsapsun.com/news/local/explosives-handling-wharf-at-bangor-costs-267-million-less-than-expected-303a15d4-4268-3510-e053-010-375464311.html
BANGOR, WASHINGTON — The Navy recently returned $267 million it was allocated for an explosive-handling wharf project at Naval Base Kitsap-Bangor.
When the project was authorized in 2012, the price was projected at $715 million, but a cost decrease notification issued last week by the Navy showed an adjusted price of $448 million.
One of the reasons the money wasn't needed was because a skilled local workforce was available through a project labor agreement, which U.S. Rep. Derek Kilmer touted Monday at the White House.
Design costs also were lower than expected; the contractor accepted less profit; and work was interrupted less often for ordnance operations at the old wharf and for migratory birds and marine mammals, according to the notification.
Read more: www.kitsapsun.com/news/local/explosives-handling-wharf-at-bangor-costs-267-million-less-than-expected-303a15d4-4268-3510-e053-010-375464311.html