I-49 South Ambassador Caffery/US 90 Interchange, Lafayette, LA
Innovative Contracting and Engineering (ICE) provided a constructability review as well as a detailed Basis of Estimate (BOE) report for the I-49 South: Ambassador Caffery and US 90 Interchange Design/Bid/Build project in Louisiana. The BOE provided the Owner with current market pricing, defendable costs, and a projected schedule duration. The scope of the project includes four bridges with two crossing a significant railroad, reconstruction of mainline and frontage roads, several miles of underground utilities and drainage pipe as well as a price comparison between PCCP and HMA roadway sections. The variance between the fair market value presented to the Owner by ICE and the low bid was less than 0.35%!
“It doesn’t get much closer than that. I thank ICE again for work performed under such a tight timeframe.” -- Ryan Morvant P.E., Critical Projects Manager (LaDOTD)