WCI Supports USACE Development Plan

Sunday, January 17, 2010

On January 12, the Board of Directors of Waterways Council, Inc. (WCI) voted unanimously to endorse the recommendations of the industry-U.S. Army Corps of Engineers Inland Marine Transportation System Capital Investment Strategy Team for a 20-year Capital Development Plan.  The plan would improve the Corps of Engineers’ project management and processes to deliver projects on time and on budget, prioritize navigation modernization projects across the entire inland waterway system, and provide a workable and affordable funding mechanism to meet the system’s future capital investment needs.

The industry/Corps team believes that these recommendations would set a future course over the near term for efficient investment in our nation’s critically important inland waterways infrastructure.  In mid-December 2009, after nearly a year of working together to develop the consensus Capital Development Plan, the Inland Marine Transportation System Capital Investment Strategy Team, comprised of key Corps of Engineers personnel and members of the inland waterway industry, presented their joint recommendations to the Inland Waterways Users Board, which unanimously endorsed the proposal  The Inland Waterways Users Board is a congressionally established federal advisory committee that provides advice to Congress and the Assistant Secretary of the Army-Civil Works.  

Among the key recommendations is the preservation of the existing 50/50 (50% industry/50% federal) cost-sharing formula for new lock construction and large major rehabilitation projects, while adjusting the current model to provide that dam construction and smaller rehabilitation projects would be federally funded.  The Team also recommended a cost-share cap on all new lock construction projects that would protect the Inland Waterways Trust Fund and industry taxpayers from funding significant cost overruns and provide an important incentive for inland waterway modernization projects to be built on time and within budget.
 
(www.waterwayscouncil.org)

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

FPSO Petrojarl Knarr Delivered to Norway

Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Exxon, Rosneft May Halt Arctic Operations

Russia's natural resources minister said on Friday that it was highly likely that U.S. oil major Exxon Mobil Corp and its Russian counterpart Rosneft had halted

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1239 sec (8 req/sec)