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U.S. Army Corps of Engineers Halts $662-Million Arctic Port Project Due to Bid Prices
11/02/24, 6:27 AM
Location
nomeMoney
$662 million
Industry
government
Type
contract
The U.S. Army Corps of Engineers has halted the Procurement of the $662-million first phase of the Arctic deep-water port project in Nome, Alaska, due to bid prices that exceeded available project funding. The project, officially listed as “inactive,” is of high importance to national security and is a top priority for Alaska.
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