Omnibus Bill Boosts Funding for USACE Projects

MarineLink.com
Wednesday, January 15, 2014
Michael J. Toohey, President/CEO, WCI

Upon review of the Consolidated Appropriations Act of 2014, Waterways Council, Inc. (WCI) is pleased with the FY 2014 Energy & Water Development Appropriations funding level of $5.467 billion, a $748 million increase over the FY 2013 post-sequester enacted level.

Within the Civil Works budget, the Construction General Account receives $1.656 billion and provides $163 million for the Olmsted Lock and Dam project. The legislation also establishes a cost-sharing formula for FY14 funds for Olmsted at 75% General Funds and 25% Inland Waterways Trust Funds (this significantly cost-overrun project had been funded at a 50%-50% cost-share). Other inland navigation construction projects received funding at the President’s requested level: Lower Mon 2, 3, 4, $1.96 million; and Lockport Major Rehabilitation, $11.4 million.

Of note is the allocation of $81.5 million in undesignated funding for inland navigation projects. The bill also includes an authorization for up to four new starts to be selected from inland navigation, flood control and storm damage prevention, and ecosystem restoration programs. One project must be from the ecosystem restoration portfolio, while up to two projects may be selected from the other categories. The Corps has 45 days after enactment to select projects for these additional funds, and the new starts. Very specific guidance is provided on use of the funds: a project must have received funding in one of the last three years; will reach a significant milestone or produce significant outputs in 2014; or is selected as a new start. The Corps must also develop a project rating system, and consider giving priority to projects benefitting the national economy or enhancing national, regional or local economic development. Factors such as job creation, economic impact on the local, regional and national economies if the project is not funded, and ability to obligate funds and complete the project, will also be taken into account.

The legislation also significantly increases spending for critical port and navigation channel improvements, with $1 billion provided from the Harbor Maintenance Trust Fund. This is a healthy increase from recent levels; only about half of the $1.5 billion in annual harbor tax monies had been expended for dredging and seaport projects. In addition to specific project allocations, the bill also provides $47 million in additional funds to navigation construction; $27 million added for navigation Operations & Maintenance (O&M); $128 million in additional O&M funds for deep draft ports and an additional $42 million for inland ports; additional $40 million for small ports O&M; and additional dredging funds of $5 million for Mississippi River Tributaries (MRT).

“WCI and its member companies appreciate the recognition in this budget of the importance of the Corps of Engineers’ civil works/navigation mission to the nation. Its treatment of Federalizing a portion of the Olmsted project to allow for funding to flow to other priority projects is noteworthy. The nation’s waterways and ports facilitate America’s prosperity through exports, jobs, access to world markets, and competitive advantage. Congress is to be commended for recognizing the great value of our inland waterways transportation sector,” said Michael J. Toohey, President/CEO, WCI.

waterwayscouncil.org
 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Port of LA to Start Yusen Terminal Improvements

Project will enhance wharf, rail and yard infrastructure to optimize terminal operations   The Port of Los Angeles will begin construction this summer on a two-year

Ferry Workers Block Calais Port Again in Dispute

Employees of a ferry service recently sold by Eurotunnel renewed a blockade of the northern French port of Calais on Monday after a court rejected their bid to

Finance

Multimodal Freight Bill Introduced in US Senate

Cantwell, Booker, Murray, Markey introduce freight investment legislation aiming to eliminate chokepoints at critical highway, rail, port and intermodal facilities to support economic growth,

Crowley Acquires 4,300 Pieces of Liner Equipment

In response to continuing high customer demand, Crowley Maritime Corporation’s liner services group has placed orders for additional equipment, including hundreds

DPE is New Majority Shareholder in INTERSCHALT

Deutsche Private Equity GmbH (DPE) is set to become the new majority shareholder in INTERSCHALT maritime systems AG, the maritime software and services provider

Environmental

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Conference to Delve into Hybrid Power & Propulsion

The first international Hybrid Marine Power & Propulsion Conference will be held at the RNLI Lifeboat College, Poole UK from October 6-8, 2015.   Shock Mitigation

Polarcus Divests from Select Projects in Europe, Africa

Polarcus Limited announced it has signed a Letter of Intent (LOI) with TGS-NOPEC Geophysical Company ASA (TGS) for the sale of its multi-client projects in Northwest

Dredging

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Port of LA to Start Yusen Terminal Improvements

Project will enhance wharf, rail and yard infrastructure to optimize terminal operations   The Port of Los Angeles will begin construction this summer on a two-year

More than Mega: Diversity Defines the Dredging Industry

The mantra of recent times has been the worldwide trend to ‘mega’. Mega container ships created the need for mega ports which required mega dredging projects. These

News

HMS Queen Elizabeth Powers to Life

U.K. Royal Navy aircraft carrier HMS Queen Elizabeth has produced power from her onboard diesel generators (DGs) for the first time, marking a significant stage in the program.

Maritime, Migration Heads Pledge Joint Action

The heads of the International Maritime Organization (IMO) and the International Organization for Migration (IOM) on Monday, June 29 reaffirmed their commitment

SUNY Maritime College Names ABS Chairs

The State University of New York (SUNY) Maritime College has selected Dr. Richard Burke and Dr. Christopher Clott as its inaugural ABS chairs following a comprehensive

Government Update

Maritime, Migration Heads Pledge Joint Action

The heads of the International Maritime Organization (IMO) and the International Organization for Migration (IOM) on Monday, June 29 reaffirmed their commitment

Canada Slaps Sanctions on Russia Energy Firms

Canada slaps sanctions on Gazprom, other Russia energy firms   Canada is imposing economic sanctions against Russian energy firms such as natural gas producer

Chinese Prime Minister to Visit CMA CGM

The CMA CGM Group is will host the Chinese Prime Minister Li Keqiang in its Marseilles headquarters on July 1.   Chinese Prime Minister Li Keqiang is scheduled

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | 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: 0.2334 sec (4 req/sec)