Charleston District awards Myrtle Beach Storm Damage Reduction Project Contract

Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD) announced the receipt of a $26 million award for the Myrtle Beach Storm Damage Reduction Project.  The scope of work includes placement of approximately 1.2 million cubic yards of material at North Myrtle Beach, Garden City and Surfside Beaches in South Carolina. The project is funded through federal emergency beach rehabilitation from Hurricane Matthew along with cost shared construction funding appropriated through the U.S. Congress. Work is expected to commence in July of this year and last six months.

The construction will begin in the vicinity of Surfside Pier no earlier than July 15th and work north toward Myrtle Beach State Park. This is estimated to take 25-35 days barring any significant weather or mechanical delays. After that section is complete, renourishment will then move south from the Surfside Beach Pier toward the southern project boundary in Georgetown County. This section is estimated to take an additional 30-35 days and should be complete by mid-September. The Corps will be placing approximately 800,000 cubic yards of material on approximately 7.5 miles of Garden City and Surfside Beaches.

The North Myrtle Beach portion of the project is expected to begin mid-September or October where 400,000 cubic yards of material will be placed on areas of the beach without adequate dune protection.

Dave Simonelli, President of Great Lakes’ Dredging segment commented, “Our hopper dredges have supplied sand for Myrtle Beach’s coastal protection needs several times in the past.  We look forward to working with the US Army Corps of Engineers Charleston District to create wider beaches which help protect the area’s infrastructure while providing recreational benefits.”