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April 29, 2009

Colonna's starts work on $71 million S.I.Ferry repair contract

Colonna's Shipyard, Norfolk, Va., has won a five-year, $71 million contract to repair the entire Staten Island Ferry fleet.

WVEC.com reports that the 310 ft x 72 ft Barberi is already in dry dock, for work that includes repairs on the vessel's cycloidal propellers.

The Staten Island Advance noted in January that New York City was expected to award the five-year contract to the Virginia yard after its $71.5 million bid--which includes the cost of towing each boat to Virginia came in below a $78.2 million bid submitted by local Caddell Dry Dock and Repair Co. Inc. in West Brighton and a $72.5 million bid by GMD Shipyard Corp. in Brooklyn.

The Staten Island newspaper said that keeping the contract in state could jeopardize federal funding that could cover more than half the cost of the contract. It said that the city is expecting Federal Transit Administration funds to cover as much as $38 million over five years.


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