Business and Finance

HOUSTON PORT AUTHORITY CONTRACTS FOR ECONOMIC STUDY

In April the Port Commissioners for the Houston Port Authority awarded a contract to TCB/GBA Joint Venture for professional engineering and planning services in support of the U.S. Army Corps of Engineers’ feasibility study of the modifications to improve the Houston Ship Channel system including the Houston Barbours Cut and Bayport Ship Channel.

The Port Commission also approved a professional services contact to John C. Martin Associates for the development of a new economic impact study for the port authority. The latest study released in 2012 revealed an economic impact for the port of $178.5 billion generating more than one million jobs each year in Texas alone.