The Port of Oakland plans to spend US$498 million on capital improvements over the next five years, which means the port will be selecting contractors to carry out major public works projects.
Today the port is offering a “Contracting 101” seminar to help small and local firms compete for upcoming business opportunities.
Amy Tharpe, Director of Social Responsibility at the Port of Oakland, said: “We see plenty of contracting opportunity on the horizon for small and local businesses.
“That’s why we want to prepare firms now to take advantage of these business opportunities on the horizon.”
In the Maritime Division, more than $28 million will be available for marine terminal improvements and upgrades.
There are also $3 million in capital projects within the Port’s Commercial Real Estate which includes Jack London Square.
PTI recently reported that the Port of Oakland saw a container spike in July, 2016, in comparison to the same period a year prior.
Fact File: The Port of Oakland oversees the Oakland seaport, Oakland International Airport, and 20 miles of waterfront. Together with its business partners, the Port supports more than 73,000 jobs in the region and nearly 827,000 jobs across the United States.