Anchorage sets contingency funding plan for Port of Alaska project as review delays threaten $68M grant

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Anchorage sets contingency funding plan for Port of Alaska project as review delays threaten $68M grant
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Contractors and equipment and have been staged on site and ready for weeks — starting at a cost of about $100,000 per day for the idle resources, according to a city memorandum.

The Holland America cruise ship Nieuw Amsterdam is docked near the bulk carrier Stanley Bay at the Port of Alaska on Thursday, May 9, 2024 in Anchorage. to fix a funding problem that has threatened to halt progress on the huge modernization project underway at the Don Young Port of Alaska.as crews and equipment idle at the facility, with tens of millions of dollars in federal grant funds at risk and the short summer construction season rapidly approaching.

It’s also not clear exactly when the city would face a decision whether to forfeit the federal grant and proceed without MARAD’s environmental review complete. The phase “has got to get done in order for us to move into next summer’s construction on the cargo terminals,” Zaletel said.Port Director Steve Ribuffo said the city is working closely with MARAD to complete the assessment as soon as possible, and that it’s likely the city won’t forfeit the grant.

An earthquake, for example, could liquify the terrain in the North Extension, which would likely flow into the existing dock and cause it to fail. “Even more important, is the fact that delaying the start of the project due to the time and effort required to respond to these new, unexpected questions may very well result in the loss of an entire construction season,” the administration said.

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