On the recordJuly 18, 2006
It doesn't need the $20 million to bring it up to standard for it to compete. The Corps of Engineers has stated that its operational costs are almost double that of the private sector dredging that has been taking place. This has been agreed to by the Seafarers International Union of North America. So it is the Corps of Engineers that is making that assertion, and it is agreed to by both the Seafarers International Union and the Transportation Institute.
Source
govinfo.gov




