Guam construction bids are beginning to be awarded. In May 2010 the first of many were awarded to construction companies from the United States and Guam. By 2014, the small island needs to be prepared in every way for a massive Guam base build up. Construction companies of every caliber are gearing up and preparing for the millions of dollars in contracts that will be awarded over the next year or so. Companies that need to pay special attention to the Guam bid requests are utility construction, military contractors and road crews. It is unclear how many contracts will be awarded to Guam companies but it is clear there is more work than they can handle, especially if work continues at the current pace.
Contractors
If you are concerned that all the major contracts will be given to huge contracting companies, remember they will need subcontractors. Current construction awards have ranged between 200 and 300 million dollars and the companies receiving them plan to share the wealth by hiring several sub contractors to help with the massive amount of work.
Potential Jobs
Currently slated for completion are expansions to the aging commercial port and the islands outdated infrastructure. Container storage areas are nowhere near large enough to handle the many containers of supplies that construction crews and military personnel will require to achieve the Guam base build up. This leaves open the possibility for construction crews familiar with marine construction and road construction to get in on a lucrative opportunity.
Residential buildup will be necessary as well; currently there is not enough housing for military and construction personnel. Conservative figures estimate that there will be at least 14,000 additional people moving to the island in the next four years, others estimate the number to be closer to 35,000.
Whether the numbers are on the conservative level or higher there will, many improvements needed to roads, education, water and sewer facilities. To understand the level of change the area is looking at imagine adding 2.5 million people to New York overnight! The end result is there are many potential construction jobs now and in the near future to facilitate Guam base buildup.
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