Item No.: 8d_supp Meeting Date: February 10, 2026 Terminal 91 Berth 6 & 8 Redevelopment Additional Construction Funding Linda Springmann, Director of Cruise Business and Elliott Bay Operations Brian Sweet, Director, Engineering Construction Management Mark Longridge, Capital Project Manager, Waterfront Project Management Action Requested Request Commission authorization for the Executive Director to approve additional funding for completion of the Terminal 91 Berths 6 & 8 Redevelopment project, to resolve all outstanding contractor claims, and advance the completion of the berth elements to allow for fishing fleet use in 2026. Total request for this action will be $3,300,000 for a project total authorization of $101,300,000. 2 N Project Location 3 Project Location 4 Construction currently 85% complete Sep 2024 Feb 2025 Jan 2026 5 Construction changes / site conditions 6 Proposed claims resolution • Single negotiated claim resolution with the prime contractor • This would cover all existing and future claims to complete the work and additionally include any acceleration required to bring the berths into service in March 2026, approximately 4 months earlier than the remainder of the project • Additional funding of $3.3M includes the required contract contingency increase from 10% to 13%, plus additional soft costs to complete the work due to lengthened schedule and a revised total substantial completion of July 2026 7 Discussion/Questions? 8 Previous Condition • • Creosote timber construction Significant underdock and fender deterioration 9 Pier Replacement 10