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  5. ›Emergency Dredging Determination and Repair Agreement…

Awarded contract·Citadel Military College of South Carolina·South Carolina

Emergency Dredging Determination and Repair Agreement – The Citadel – Ashley River Dredge‑Spill Site

Won by Ripley Light Yacht Club Investors, LLC +1 more$2.6MMultiple Award
Contract source

Awarded vendors

  • Ripley Light Yacht Club Investors, LLC
  • Ripley Light Marina Property Owner’s Association Inc.

Description

This emergency contract authorizes The Citadel to repair its dredge‑spoil site, perform two dredging passes on its boat basin, and maintain the site for a ten‑year period. In exchange, the two awarded vendors receive rights to deposit dredge‑spoil at the site twice during the agreement. The work restores full access to the boat basin (previously limited to ~30 minutes per tide) and creates a win‑win arrangement for both parties. • Repair of the Citadel’s dredge‑spoil site – $1,050,000 (mobilization & repair). • Two dredging operations of the boat basin – $1,590,000. • Ongoing site maintenance and spoil‑deposit rights for Ripley Light Marina – included in the ten‑year term. • Project valued at roughly $2.64 million, delivering a projected net economic benefit of $917,500 to The Citadel.

Attached files

Key dates

Duration
10 years

Last updated

Details

Award type
Multiple Award
Procurement
Sole Source
Industry
Construction
NAICS
237110

Contract value

$2,640,000

The document lists two explicit cost items: $1,050,000 for the dredge‑spoil site repair and $1,590,000 for the two dredging passes, totaling $2,640,000. No other cost figures are presented, and the contract does not provide a single “contract value” figure. Consequently, the best estimate of the contract’s dollar value is the sum of these items—approximately $2.64 million. This estimate reflects the full scope of repair, dredging, and maintenance rights over the ten‑year term.

AI estimate from the award documents

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