Do Best Management Practices make dredging projects more expensive?
In general, the use of BMPs will require a greater investment in environmental measures and this may indeed cost more. On the other hand, cost is relative. What is the long-term cost of not protecting the environment? What is the cost to society of not dredging? What is the price for not providing coastal protection or for dredging in a less environmentally conscious way? Costs can also be measured in terms of loss of jobs and economic prosperity, or loss of habitat or loss of lives and property caused by flooding. BMPs are investments that support the preservation or restoration of natural habitats and resources. Flood control measures may protect coastal communities and their livelihoods. Therefore, although BMPs may add to the price tag of a dredging project in the short run, the enormous economic and social value of protecting natural resources must be recognised. Who benefits from the implementation of Best Management Practices? The Client and the community in general benefit.