Page 56: of Maritime Reporter Magazine (November 2023)

PORT FUNDING both qualitative and quantitative, that objectively demonstrate

Aligning a Project to a Grant Program

An array of grant opportunities is available to ports and the project ? ts?

If a project doesn’t ? t into these categories, don’t shoehorn intermodal facilities, and successful applicants will carefully it. Find a grant program that aligns with the project’s goals. choose the appropriate program. The HDR infrastructure ? -

Other programs to consider are RAISE, INFRA or Mega. (See nance team has created a system to compare grant opportuni- ties and identify the best programs to meet a project’s needs. below for a list of grant programs to consider.)

Also consider what stages of project development are fund-

This assists ports in pursuing applications likely to have a ed by a grant. If a project is in the planning stage, but a grant greater chance of award.

Consider the Port Infrastructure Development Program. only funds design or construction, it is not the appropriate grant. It’s best for ports to submit only one project per grant

Eligible projects for this program must do the following: program each year to maximize chances for success. A bene- ? Improve the safety, ef? ciency or reliability of ? t-cost analysis is key, as it shows the merits of the project.

the movement of goods, operational improvements (including resiliency), or environmental and

Invest in Project Development emissions mitigation

If a project is not at the right stage of development for a ? Provide shore power to cruise, ferry and cargo vessels

Grant funds cover the planning, environmental review and grant, another option is to invest in project development to help with grant positioning.

? nal design of eligible projects.

Many federal grant programs require a project to have

Before applying for PIDP, or any grant program, consider:

Does the project ? t the criteria? What are the proof points, completed a certain amount of planning. For example, some

Image courtesy HDR 56 Maritime Reporter & Engineering News • November 2023

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