Lane Construction turns the taps on $524M reservoir deal

ConDig (04-Apr-19).  Lane Construction Corp and its parent company Salini Impregilo have secured a $524 million deal to build a reservoir in south Florida.

Under the deal, Cheshire, Connecticut-based Lane Construction said the joint venture will build an earth-fill dam with a perimeter of about 16.3 miles and a separator dam of 2.8 miles in length on the Caloosahatchee Estuary, east of Fort Mayers on the Gulf Coast.

The reservoir will encompass about 10,000 acres and store 170,000 acre-feet of water when full. 

Work on the construction project is slated to start this summer and be completed in 2024. 

Lane and  Salini Impregilo said they are also working on water and wastewater megaprojects in the form of combined sewer overflows (CSOs) around the country. CSO tunnels are used in times of flooding when the tunnels will receive flows from sewer systems captured by diversion facilities. The tunnels store the water until they can convey it to wastewater treatment plants to be treated appropriately.

Last August, a joint venture between Lane Construction and Security Paving Co, Inc. secured a $672.9 million design-build contract for the I-10 Corridor Express Lane project in California.

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