The Department of Homeland Security released
its summary of the FY2006 Infrastructure Grant Programs. Included therein is an allocation of $168m for port security grants. The port security grants will be made for specific projects at 101 eligible ports (which together handle 95% of the nation’s foreign waterborne commerce). Public sector applicants must provide at least 25% of the total project cost, while private sector applicants must provide at least 50% of the total project cost. The Port Security Grant Application must
be submitted by August 4, 2006.
In a release, DHS said, the nation’s 100 most critical seaports, representing 95 percent of the foreign waterborne commerce of the United States
, plus an additional seaport eligible in 2005, are eligible to participate in the port grant program. From 2002 to 2005, DHS provided more than $706 million through this program.
Source: HK Law