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Monday, October 21, 2019

Maritime Logistics Professional

June 13, 2019

U.S. DOT Launches Port Program

Elaine L. Chao. Photo: US Department of Transportation

Elaine L. Chao. Photo: US Department of Transportation

The U.S. Department of Transportation (DOT) announced a Notice of Funding Opportunity (NOFO) to apply for $292.7 million in discretionary grant funding through the new Port Infrastructure Development Program.

“This major investment in the Port Infrastructure Development Program will help strengthen, modernize, and improve our country’s maritime systems and gateway ports,” said U.S. Transportation Secretary Elaine L. Chao.

As the Administration continues to invest in America’s infrastructure, this new program aims to support public coastal ports by improving the safety, efficiency, or reliability of goods movement into, out of, or within a port.

Investments in port transportation infrastructure will be awarded on a competitive basis for projects located either within the boundary of a coastal seaport, or outside the boundary of a coastal seaport, and directly relate to port operations or to an intermodal connection to a port.

The Department will evaluate projects using criteria which include leveraging federal funds, project costs and benefits, project outcomes, project readiness, and domestic preference.  The Department will also consider geographic diversity when selecting grant recipients.

The Consolidated Appropriations Act of 2019 made available $292.7 million for the Port Infrastructure Development Program, including $92.7 million for the 15 coastal seaports that handled the greatest number of loaded foreign and domestic twenty-foot equivalent units of containerized cargo in 2016, as identified by the U.S. Army Corps of Engineers.  The minimum award size is $10 million, with a federal cost share not to exceed 80 percent.

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