CTJV Tunnel Contract Amended for Cutterhead Work
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Description
The Commission approved PCO28 amending the Parallel Thimble Shoal Tunnel construction contract with CTJV, adding a 149-day time extension and $37,628,825 for cutterhead tool replacement. The amount will be adjusted for actual work and reduced by insurance proceeds and up to $22.5 million in reimbursement from CTJV under risk-sharing provisions.
Contract Details
Contract Amount
$37,628,825
Vendor
CTJV
Agency
Chesapeake Bay Bridge And Tunnel District, VA
Contract Type
CONSTRUCTION
Document Date
September 12, 2023
Contract Term
Time extension of 149 days
Renewal Info
PCO28 modifies the existing Parallel Thimble Shoal Tunnel design-build contract by extending the schedule 149 days and increasing compensation by $37,628,825 subject to adjustments for actual quantities and risk-sharing reimbursements.
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Issuing Agency
Special District
Cape Charles, VA
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