The American Association of Port Authorities said Friday it has partnered with the U.S. Maritime Administration to develop a toolkit that will help port authorities plan infrastructure projects and how to attract public or private capital to pay for them.
Once completed, the toolkit will be available in the public domain. It will include, among other things, identifying a port's needs, guidance on writing grant applications, methods to analyze a project’s economic benefits, and examples of best practices.
The AAPA and MarAd are searching for technical experts from ports, engineering firms, consulting groups, and investment banks who are willing to contribute expertise to the how-to-manual. AAPA will also hire a contractor to conduct focus groups and other meetings with these technical experts to harness their ideas.
The toolkit is being designed to help ports improve the chances of ports getting their projects included in metropolitan planning organization and state transportation plans in order to better compete for funding; better position their projects for federal funding such as Transportation Investment Generating Economic Recovery (TIGER) grants; and assist them in obtaining private sector funding.
Click here to view the AAPA's request for technical assistance