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Todd Pacific Shipyard says it will build 3 more 64-car ferries for about $55 million apiece

Post by Joe Turner on Oct. 8, 2009 at 1:59 pm |
October 8, 2009 3:35 pm

I’m doing a story for Sunday’s paper about the 64-car ferries that are being built, some of which would replace the Steel Electric-class ferries that were taken out of service in November 2007.

That first ferry is going to cost the state $65.5 million. Todd is the main builder for that ferry.

At 11 a.m. today, Washington State Ferries opened bids on a 2nd and 3rd ferry and a possible 4th ferry. It looks as if Todd was the only bidder.

Todd said it would build the next two for $114 million, and the 4th one for $51 million, for a total of $165 million for those three ferries. (It would be $230 million for all 4 ferries, including the one that already is under construction.)

I’ve got a call into David Moseley, DOT assistant secretary for ferries, to flesh out some details on the bidding. He just called. More later.

UPDATE: (3:28 p.m.):Moseley said he expected bids for the subsequent ferries to come in lower than the first because of the economies of scale, and he’s pleased they did so. He said WSF will go over the bid and decide within the next few weeks whether to award a contact for the 2nd and 3rd vessels. A decision on the 4th vessel probably won’t be made until the 2011 legislative session, he said.

Here’s the official news release from the state ferry system:

WSDOT Ferries Division opens bids for more new ferries

SEATTLE – The Washington State Department of Transportation’s Ferries Division (WSF) took the next step today in the process to build new ferries, opening bids this morning, October 8, on a contract to construct up to three new 64-car vessels. Todd Pacific Shipyards submitted the only bid.

Bids were solicited for construction and delivery of two 64-car ferries with an optional third vessel. Todd’s proposed bid price for the first two vessels in the contract was $114 million. The WSF engineer’s estimate is $109.9 million.

The timeline for vessel construction is approximately 20 months each for the first two vessels. The decision to exercise the option to add the construction of a third vessel will be made no later than May 31, 2011.

“This is another example of the significant progress we have made toward rebuilding our aging fleet to meet the growing needs of our ferry system,” said Paula Hammond, Washington Transportation Secretary. “While we still need to identify funding to sustain the system for the long term, I am looking forward to seeing these ferries operating on the Puget Sound in just a few short years.”

David Moseley, Assistant Secretary for WSF, said, “I appreciate Todd Pacific Shipyards bidding on our work. I think the improved bid is due in part to the positive working relationship the ferry system has established with Todd during the current construction process.”

The formal bid opening was held at 11 a.m. at Ferries Division headquarters in Seattle. WSF intends to award the contract within ten days, after evaluating to ensure it meets contract requirements.

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