Anchorage Assembly reconsidering options for $1.9 billion port project

Published: Mar. 31, 2019 at 6:55 PM AKDT
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The Anchorage Assembly is seeking outside assistance to identify ways to cut down costs for the $1.9 billion Port Modernization Project.

The updated cost came out

, leaving city leaders looking for alternatives to avoid the massive price projection.

Chris Constant, who serves as a co-chair for the Assembly's Enterprise and Utility Oversight Committee, introduced a resolution to appropriate up to $100,000 for the purpose of procuring one or more contracts for independent analysis regarding the cost of the Port Modernization Project.


has been a concern for the municipality for years, as the aging docks are not up to current shipping standards.

In 2017, inspectors guessed that based on its condition, the port had

of useful life left.