Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBB/CMAR
# of Projects: 1
100% of the Results

Background informationProject Created: June 26, 2009

Project Name: Sanford Underground Lab
Year in Operation:
Sector: Technology
Subsector: Other Technology Project
Status: Design / Construction
Type: New Facility
Description: Nearly a mile below the Black Hills of South Dakota, the project is the world's deepest underground science lab, a place where scientists will search for particles known as dark matter.
Delivery Method as described in the country where it's located: Build Own Operate
Is the project still active: Yes
Comments: The Sanford Laboratory will be built and run by the South Dakota Science and Technology Authority.

Project Locations

Address:
City: Homestake
State: South Dakota
Country: United States of America

Address:
City: Lead
State: South Dakota
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Land: The Homestake Mine was donated to the state of South Dakota by the Barrick Corporation in 2006.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The South Dakota Legislature approved $34.2 million to reopen the mine, which will be run by the South Dakota Science and Technology Authority. A $70 million donation was made from a private philanthropist and businessman, a donation that was contingent upon the National Science Foundation choosing Homestake as its preferred site for a proposed national underground laboratory, which it did on July 10, 2007

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Contractor after Design is Complete.

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Initial Design and Construction
5
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: July 10, 2007
Project Value
Hard Cost
Hard & Soft Costs
Total
$500 Million - 2 Billion US
(none)

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