Funding News

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP).The PIDP investment is intended to help modernize the nation’s ports and strengthen supply chains.“America’s ports play a central role in our supply chains,” said U.S. Transportation Secretary Pete Buttigieg. “With today’s announcement…