The US Department of Transportation's Maritime Administration (MARAD) is encouraging states and port authorities to apply for US$230 million in discretionary grant funding for port and intermodal infrastructure-related projects through the Port Infrastructure Development Program (PIDP).
The grants will be awarded on a competitive basis to support projects that strengthen and modernise port infrastructure.
The Consolidated Appropriations Act 2021 has made US$230 million available for the PIDP, with US$205 million reserved for grants to coastal seaports and Great Lakes ports.
The minimum award size is US$1 million, with a federal cost-share not to exceed eighty per cent. The federal cost share can be higher for certain categories of projects.
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