SCSPA awards terminal contract

To advance development of the new 280-acre marine terminal, which received federal permits in April, PB Americas has been selected to provide construction management services related to site stabilisation and preparation.

The work covers contract administration, full-time inspection, quality assurance and other services related to preparing and consolidating the new terminal site. Additional construction management services will be required in the future for actual construction of the first phase of the terminal.

The SCSPA Board also approved its fiscal year 2008 financial plan, which calls for 4.5% growth in container business. For the SCSPA’s fiscal year, which started July 1, operating revenues have been budgeted to increase 8.6% to US$164m, while total operating expenses will be held to an increase of 6%, or US$110.7m. This is projected to drive operating earnings up 14.4% to $53.4m.