La. seeks firms for Barataria projects

The State of Louisiana is looking for a number of big-time construction firms to build multiple large-scale marsh-creation and ridge-restoration projects in the Barataria Basin, according to coastal authority officials June 22. It's the first time that the Coastal Protection and Restoration Authority will use a method called "outcome based performance contracting," which allows the state to enter into a single contract to have a company finance, design, build, monitor and maintain a project, with payment made by the state only when the work is substantially completed. "We are seeking to explore other contracting approaches that may bring a better overall value, innovation, and efficiency to project implementation," said CPRA Senior Executive Engineer Robert Routon. Firms determined to be qualified to participate in the program will later be allowed to bid for contracts for the actual restoration projects that could cost as much as $65M each. (Source: NOLA.com 06/22/18)