St. Lawrence Seaway: Estimates for the Asset Renewal Program Will Change, and Implementing Best Practices May Improve the Estimates' Reliability

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DIANE Publishing, 2010 - 40 pages
The St. Lawrence Seaway (the Seaway) is a 50-year-old bi-national (U.S. and Canada) transportation asset serving substantial manufacturing and service industries in both the U.S. and Canada. The St. Lawrence Seaway Develop. Corp. (SLSDC), a wholly owned gov┐t. corp., operates and maintains the two locks. In 2009, SLSDC initiated a 10-year U.S. Seaway Asset Renewal Program (ARP) for its navigation infrastructure and facilities. This report examined: (1) How the cost estimates in the ARP have changed from Feb. 2009 to Feb. 2010; (2) The extent to which the ARP covers all asset renewal needs; and (3) The steps U.S. and Canadian authorities have taken to coordinate their asset renewal programs. Charts and tables.

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