Dredging Project Saved From Financing Glitch
A nine-month, $5-million project to dredge silt from Upper Newport Bay was nearly derailed this week as county officials scrambled to save the project.
County supervisors had been asked Tuesday to scrap the existing contract with Soli-Flo Partners and advertise for new bids on the work, which was to have begun this month, because the company couldn’t provide a required bond. But Fluor Corp., a minority player in the partnership, stepped in at the county’s request for help and completed the financing, Supervisor Thomas W. Wilson said.
“They didn’t want to leave us high and dry,†Wilson said. “Now we don’t have to rebid and we won’t be stuck in litigation.â€
The project will remove runoff sand and debris that have clogged the bay over the last 10 years since the last dredging. Work should begin in December.
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