Business & Finance
Business & Finance
$479M allocated for mega project in Sault Ste. Marie, Michigan
The Army Corps’ New Soo Lock Project in Sault Ste. Marie, Mich, will receives almost $480 million in fiscal year 2022 from the recently announced infrastructure bill IIJA. According to the Corps, out of $561 million allocated for the Michigan, nearly $479 million is slated for USACE’s mega New Soo L
Business & Finance
Funding secured for large-scale marsh creation projects in Louisiana
The Coastal Wetlands Planning, Protection and Restoration Act (CWPPRA) Task Force has approved $99 in funding for seven large-scale marsh creation projects in Louisiana. Louisiana Coastal Protection and Restoration Authority (CPRA) will use the funding for the construction of the Breton Landbridge M
Business & Finance
$142.5M for Segment 3 of the Houston dredging project
The U.S. Army Corps of Engineers recently released its 2022 Workplan for the Infrastructure Investment and Jobs Act (IIJA) under which the Port of Houston will receive $142.5 million for dredging works. According to the Port, this funding is specifically designated to complete Segment 3 of the Houst
Business & Finance
Norfolk District to receive additional $328M for fiscal year 2022
The U.S. Army Corps of Engineers, Norfolk District has announced their work plan for two recently enacted laws — the Infrastructure Investment and Jobs Act; and the 2022 Disaster Relief Supplemental Appropriations Act– which will provide the District with an additional $328 million for fiscal year 2
Business & Finance
The Fargo-Moorhead project to receive $437 million appropriation
The Fargo-Moorhead Area Diversion project has received an appropriation of $437 million in the US Army Corps of Engineers 2022 workplan, following the recent signing of the bipartisan Infrastructure Investment and Jobs Act. The awarded funds are intended to finish the construction of the Southern Em
Business & Finance
$1.2 billion secured for the Upper Mississippi River projects
The U.S. Army Corps of Engineers, Rock Island District will receive $1.2 billion in FY22 through Infrastructure Funding Law to carry out projects and programs in the Upper Mississippi River Valley, informs USACE. According to Col. Jesse Curry, commander of the Corps, Rock Island District, this repre
Business & Finance
Millions in funding for the Port of Long Beach dredging project
The Port of Long Beach dredging project is just one of many that will receive funding under the Infrastructure Investment and Jobs Act (IIJA), according to the Army Corps’ Los Angeles District. Last Friday, the Corps announced that several studies and infrastructure projects throughout Southern Cali
Business & Finance
CPRA preps for record-breaking dredging season
The Louisiana Coastal Protection and Restoration Authority (CPRA) recently released a draft version of their annual spending plan for Fiscal Year 2023 which anticipates investing $1.3 billion in dredging and coastal protection projects. According to CPRA Chairman Chip Kline, Fiscal Year 2023 – runni
Business & Finance
Funding secured for the Missouri River works
The U.S. Army Corps of Engineers, Kansas City District is set to receive approximately $278 million under the Infrastructure and Investment Jobs Act (IIJA) for the Missouri River works and nearby lakes. According to the Corps, approx. $249 million of that is to repair damages caused by the 2019 floo
Business & Finance
Delaware Valley projects to receive over $144 million
The U.S. Army Corps Engineers’ Philadelphia District will receive approximately $144.5 million in supplemental funding for projects and studies in the Delaware Valley and the coastal plains of Delaware and New Jersey. The funding is from two recently enacted laws — the Infrastructure Investment and
Business & Finance
Alaska District getting nearly $1 billion for civil works projects
The U.S. Army Corps of Engineers, Alaska District has received authorization and funding for an array of critical construction projects and activities that will contribute to the development of the state’s water resources and help boost the economy. Following the recent enactment of the Infrastructu
Business & Finance
Chesapeake Bay region to receive $62 million for infrastructure projects
Two recently enacted laws — the Infrastructure Investment and Jobs Act and the 2022 Disaster Relief Supplemental Appropriations Act — will include approximately $62 million in supplemental funding to support critical missions over several years across the Chesapeake Bay region. According to the Army
Business & Finance
Massive funding announced for the Civil Works projects
The U.S. Army announced yesterday the Civil Works studies, projects and programs that the Army Corps would implement in Fiscal Year 2022 with the $22.81 billion in supplemental funding provided in two recently enacted laws — the Infrastructure Investment and Jobs Act; and the 2022 Disaster Relief Su
Business & Finance
‘Financing Sustainable Marine and Freshwater Infrastructure’ postponed
The International Association of Dredging Companies (IADC) has announced their decision to postpone the ‘Financing Sustainable Marine and Freshwater Infrastructure’ conference in Dubai. “As IADC, we have been closely monitoring the COVID-19 situation in both Europe and other global regions. Last wee