Port: “We need to delay more because the delay is costing too much”

From an article by Alex Pulaski in today’s Business section of the Oregonian, headed “Port asks for delay in cleanup…Portland Harbor – Officials want at least two more years to construct a dump to hold dredged-up toxic sediments“ (emphasis mine):

“The Port of Portland asked federal officials Wednesday for a delay of at least two years in designing and building a disposal site for toxic sediments dredged from the Willamette River.”

“The sediment dump, to be built at the Port’s Terminal 4 on the river in North Portland, is scheduled for construction next year. Port managers, in interviews and a letter sent Wednesday to the U.S. Environmental Protection Agency, said spiraling costs and delays in an overall Superfund river cleanup had caused them to ask for an extension.“

Yeah, delaying the project even longer should help with the inflation costs. Not.