ANNOUNCEMENT 08 Mar 2019

The money for grants for capital and related improvements to qualified shipyard facilities is subject to Buy American requirements.

 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 01 Mar 2019 | Removal date: open ended
Still in force

Localisation incentive

On March 8, 2019 the Maritime Administration of the U.S. Department of Transportation published a notice that under the Small Shipyard Grant Program, $19,600,000 is currently available for grants for capital and related improvements to qualified shipyard facilities that will be effective in fostering efficiency, competitive operations, and quality ship construction, repair, and reconfiguration. It is anticipated that roughly 10-20 applications will be selected for funding with an average grant amount of about $1 million. The Buy American requirements of existing law (41 U.S.C. Chapter 83) apply to funds made available under this notice.

AFFECTED SECTORS