By Kristi Pihl, June 27, 2014, Tri-City Herald
It’s looking more likely that some amenities will be added back into the massive Tri-Cities Airport remodel project.
So far, subcontractors’ bids have been favorable, Port of Pasco commissioners were told Thursday.
Bouten Construction Co., the port’s general contractor/construction manager for the $43.7 million terminal remodel project, and David Robison of Strategic Construction Management were expected to open the last of the 28 subcontract bids Thursday, said Buck Taft, the airport’s deputy director.
“We have seen significant savings so far,” he said.
For example, he said, good bids have been received for the electrical and mechanical work, flooring and a glass wall in the new concourse that will allow passengers to look out on the airfield.
The remodel will double the size of the terminal and include moving the staircase, elevator and restrooms to the front of the terminal to open up the area near the security checkpoint. The ticketing and baggage areas will expand and a new concourse will be built beyond the security area with gates to the right and left.
Adding space to Gate 5 in the new concourse, renovating the second-floor restrooms and corridor, adding new in-bound baggage equipment and improvements to the short-term parking lot are among alternate work that companies were asked to bid on.
Overall construction costs, not including the alternates, are limited to $31.7 million under the contract port commissioners approved with Bouten Construction. Bouten Construction is responsible for any cost overruns.
Contractor’s fees, architecture and engineering fees, furniture and fixtures and potential contingency costs will account for the other $12 million in costs.
Port commissioners are to meet Wednesday to approve selling bonds for the project. Cost of the subcontracts will determine the amount of the bond and which, if any, alternates to include.
Port commissioners have discussed bonding about $27.4 million, but it looks like the port will be able to sell a lower amount and still include the alternates.
The port will repay the bond debt using airport revenues only, but the port is including nonairport revenues as well so the bond rating is better. That can mean a lower interest rate, said Randy Hayden, port executive director.
Most of the debt will be paid using passenger facility charges from airline tickets, but other airport revenues also will be used. Construction is expected to begin in August.