in terms of cost, olmstead is now scheduled to be completed approximately $330 million below the new estimated cost. also noteworthy not only did the cost share change help olmstead, it has allowed construction to resume on the locks 2, 3 and 4, kentucky lock and chick amagazina lock. starting in early september, 2017, locks and dams 52 and 53, which are the locks and dams that olmstead will be replacing, have been experiencing repeated failures, causing multiple, complete closures of the ohio river. at one point, there were 74 tow boats and 842 barges waiting to lock through. these recent emergencies vividly show that locks and dams built in the 1920s, like locks and dams 52 and 53, are in critical need of modernization to maintain american competitiveness. currently, we have a portfolio of 25 high-priority inland projects, either in construction or waiting to begin construction with a total cost estimated at $8.8 billion. at the current rate, many of these projects will not begin their construction in the next 20 years. we would hope the committee will consider the same kind of cha