OAR 123-027-0050: Project Eligibility, Priority and Funding

(1) To be eligible for funding, Federally Authorized Projects must meet the following criteria: (a) The project is federally authorized; (b) The project is listed in the Port's business or strategic plan; and (c) The project has confirmed positive benefit/cost ratios as required by the National Economic Development Plan and has completed all federally required studies. (2) First priority for assistance from the Fund shall be given to eligible Federally Authorized Projects.