PierPass Operational Costs and Financial Report Available

Over the years, several customers and stakeholders have asked for more information on PierPass’ operational costs and financial statements. In an effort to provide the industry with this information, we have asked our third-party auditors to prepare a detailed summary of their findings. That summary is available here. You will see that the revenue collected significantly falls short of the costs of the program. We hope these summaries address any remaining questions.