$13.7M Towboat Construction Contract Awarded to TAI Holdings, USACE – March 11, 2026

TAI Holdings Inc., from Pensacola, Florida, has been awarded a $13.7 million firm-fixed-price contract on March 11, 2026, for the construction of a 100-foot-long, 2,400-horsepower, triple screw towboat to support the U.S. Army Corps of Engineers St. Paul District.

Contract Award Details

Contractor: TAI Holdings Inc.
Award Date: March 11, 2026
Contract Value: $13,742,900
Project: Construction of a 100-Foot Triple Screw Towboat
Location: Bayou La Batre, Alabama
Contract Number: W912ES-26-P-A044
Awarding District: U.S. Army Corps of Engineers, St. Paul District

Work will be performed in Bayou La Batre, Alabama, with an estimated completion date of Nov. 10, 2026.


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