In 2008, the Port of Prescott required significant upgrades to maintain its competitiveness. A major break bulk wharf required expansion and its grain elevators required modernization and expansion. The federal and provincial governments both had public-private partnership funds available if the port could make the right business case.
InterVISTAS prepared and presented a business case to apply for significant government funding. This process involved working closely with the Port and its engineers to develop a complete business case. InterVISTAS guided the development of this analysis and the final preparation of the business case document including potential economic and tax benefits of the plan.
Within three months of submitting the business case, the Port received commitments for funding from the federal and provincial governments.
The Port quickly proceeded with the expansion project.