MarAd awards Hawaii port contract
The U.S. Maritime Administration said it has awarded a contract designed to streamline development efforts that modernize Hawaii's commercial harbor facilities.
The contract calls for an indefinite quantity of services during its seven-year lifetime, but has a maximum value of $400 million and was awarded to TEC Inc., through a competitive procurement process. MarAd will oversee TEC's personnel as they manage and complete all phases of the port redevelopment project.
A partnership between MarAd and the state's harbors division was established in 2005 to facilitate the redevelopment and expansion of Hawaii's port system.
MarAd said as the lead federal agency for the Hawaii Port Infrastructure Expansion Program, it would partner with other federal agencies, state and local governments “to implement time sensitive and cost effective infrastructure improvements that stimulate sustained economic growth.”