Bechtel Enhances U.S. Infrastructure Projects Procurement Strategy
Bechtel, a leader in U.S. infrastructure, is refining its procurement strategy for significant projects. This approach is evident in two major initiatives: the Sepulveda Transit Corridor project in Los Angeles and a groundbreaking aluminum smelter in Oklahoma.
Transformative U.S. Infrastructure Projects
The aluminum smelter project is particularly noteworthy. It represents the first facility of its kind constructed in the U.S. since 1980. This facility aims to double the nation’s aluminum production capacity, enhancing supply chain resilience.
- Location: Oklahoma
- First built: Since 1980
Sepulveda Transit Corridor: A Major Investment
Bechtel plays a vital role in the Sepulveda Transit Corridor project, collaborating with the Sepulveda Transit Corridor Partners (STCP) consortium, which includes esteemed firms like Meridiam and American Triple I (ATI).
- Project Type: Fully underground rail line
- Investment Level: One of the largest transit investments in the U.S.
This initiative has received approval from the Los Angeles County Metropolitan Transportation Authority (Metro) and seeks to connect the San Fernando Valley with the Westside of Los Angeles. The project enhances transit options along one of the region’s busiest corridors and improves overall regional connectivity, underscoring the vital need for substantial infrastructure investments.
Advanced Procurement Strategies in Action
This public-private partnership (PPP) showcases sophisticated procurement practices. Bechtel employs competitive selection processes via Requests for Proposals (RFPs) while consortium sourcing brings specialized expertise to the projects.
Metro conducts rigorous evaluations that include technical assessments and environmental reviews, aligning with procurement best practices. A Chief Procurement Officer (CPO) manages the tendering process, expertly balancing cost, risk, and innovation.
Through its leadership in these projects, Bechtel emphasizes its dedication to strategic sourcing. By carefully vetting partners such as Meridiam, Bechtel effectively optimizes spending in various engineering categories while transferring risk appropriately.
In summary, Bechtel’s enhanced procurement strategy positions it as a key player in advancing U.S. infrastructure projects, focusing on sustainability and efficiency.
