how much does it cost to hire a small dredge

Cost plus contractĪlthough less commonly used in dredging, in a cost-plus contract, also called a cost reimbursement contract, the client agrees to reimburse a contractor for expenses stated in the contract plus an additional amount to allow for profit and overhead, usually stated as a percentage of the contract’s full price. In a day rate contract the contractor generally is free to choose how to work. The employer and the contractors usually agree on a flat fee per contract, so the day rate is determined by dividing the total amount by the number of days in the contract. A Day rate contract would usually incorporate a Scope of Work.

Some purchasing organizations prefer a quoted day rate instead of an hourly rate for services. It often translates to a 7.5 or 8 hour work day. In some markets it is referred to as “per diem” (cost that an organization will pay for one days’ work). Dredging is often limited by other factors such as dewatering or disposal, so costs can be affected by the entire process as well.Day rate contract is the price or cost of a particular service for a day’s period. All of these factors is why dredging cost range from a $3 to $300 per cubic yard. Dredges are unique in that break-downs and maintenance usually have to occur on the water so adequate support personnel and equipment must be available.

Remediation – clean-up of the project site and installation of best management practicesĬosts to operate the dredge include wear parts, labor, fuel, and maintenance.

Disposal – the setup of the disposal area and final reclamation or the tip-fee for a landfill.

months) and distance to the disposal area

Export and Transport – the time for the dewatering (immediate vs.

Run-times – 24/7 or 5 days for 8 hours weather is also a major factor depending on the project.Type of Sediment – texture of the sediment determines the type of dredge and dewatering process debris can add to cost significantly.shallow sediment depth takes much more time to dredge) Depth of Sediment – water and sediment depth determine much of the cost involved (i.e.Mobilization – both of the equipment, the setup for dewatering, and disposal site.Planning – designing engineered plans usually for the dewatering area and disposal.Permitting – local, state, and federal are considered in most projects.Cost involved for dredging projects are typically as follows:

How much does it cost to hire a small dredge