Proj participation

The Florida Department of Transportation (FDOT) Master Agreement ASG35 is an Indefinite Delivery Vehicle (IDV) focused on seaport infrastructure improvements, specifically targeting the Jacksonville harbor ship channel deepening project. The IDV encompasses critical maritime infrastructure work, including dredging the federal navigation channel from 40 to 47 feet, environmental design and construction, channel stabilization, widening, construction inspection, debris removal, and water quality protection structures. The contract is designed to support comprehensive maritime infrastructure enhancement and expansion efforts within Florida's strategic transportation network.

The master agreement is awarded to DRMP, Inc. and was established by the Florida Department of Transportation with an initial period of performance from October 1, 2020, to October 1, 2022. The contract is structured as a State Infrastructure Bank (SIB) Loan Agreement with a total value of $25,906,001.00, featuring a 0% financing rate. The IDV covers the state of Florida and is specifically tied to the Jacksonville Port Authority's harbor deepening project, with repayment scheduled through various transportation-related funds including Strategic Intermodal System Growth Management Funds, Intrastate Construction Funds, and Seaport Transportation and Economic Development Funds.