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Port reports progress on Embarcadero seawall geobond projects; Jacobs awarded $40M advisory contract

Obligation Bond Oversight Committee · October 27, 2025
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Summary

Port liaison told the Obligation Bond Oversight Committee that the Embarcadero Seawall program is advancing with multiple RFPs and contracts, Jacobs was awarded a 5-year $40,000,000 advisory contract, the South Beach Resilience Project received a $7.8 million state grant, and federal funding remains uncertain pending possible congressional authorization next year.

A liaison to the committee reported that several projects under the 2018 Embarcadero Seawall Earthquake Safety Geobond are advancing toward implementation and that federal funding remains a key uncertainty.

The liaison said the living seawall pilot is nearing completion and that six contracts are now funded with other RFPs issued and some contracts awarded. "The program advisory services contract that was recently…

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