The Office of Economic Adjustment has awarded the Port Authority of Guam $2 Million in federal funding to strengthen the sea port’s modernization efforts. According to a media release the agency will now issue a "Notice to Proceed" to Parsons Brinckerhoff International, which is the agency’s Owner’s Agent/Engineer, to move forward with the studies and permitting associated with this grant.  
 
"I want to thank Governor Felix P. Camacho, along with the Office of Economic Adjustment, for their commitment to the modernization of the Port Authority of Guam," said Port General Manager Glenn A. Leon Guerrero. "Thanks to their dedication, we are one step closer to transforming Guam’s commercial sea port into a world-class facility." 
 
The $2 million will be used to fund a series of fact-finding investigations and studies in order to explore and evaluate viable Port development solutions, which are integrated and compatible with the current physical site, environmental, financial and operations constraints.  
 
Once the information is gathered, it will be used as the basis for Port officials and planners to make informed decisions in regards to design, procurement and construction of the terminal facilities, systems and components.