This was near $44 million more than the state's estimate, but it was still the lowest of the three bids submitted.
The Los Angeles Times reports state officials say water could continue pouring down the spillway for up to two weeks.
Repairs are expected to began in late May or early June.
The complete recovery or replacement of the spillways will be done in multiple phases due to the enormity of the project. Repairs are scheduled to begin immediately to have the system operational by November 1st, the traditional start of the next rainy season.
Familiarity breeds contempt for Sunderland fans as they turn against Moyes
But a late rally saw David Moyes' side earn a point, with second-half substitute Fabio Borini slamming home in the 89th minute. He said: "I don't think they've (the crowd) turned against the manager - not the way I've seen other managers being treated".
It will cost more than $275 million to fix the damaged spillways at Lake Oroville, the Department of Water Resources said Monday after announcing the contractor who will work on repairs.
Using the spillway was necessary because enough water can't be released through the powerhouse underneath the dam to keep up with the inflow to the lake. The evacuation was rescinded two days later. The concrete spillway that was undermined and developed huge holes in the last few days is at lower left. The highest bid, at $344.1 million, was made by Oroville Dam Constructors, the department said.
Efforts are underway to make repairs to both the primary and auxiliary spillways at Lake Oroville.
State officials have said they expect customers of the State Water Project to pay for the repairs, although they intend to ask the Federal Emergency Management Agency for financial help. The SWP's largest customer is the Metropolitan Water District of Southern California, which serves 19 million customers.
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