To support the purchase of a 120X64 foot floating drydock

Ended Project Grant Awarded Last action

Award ID
693JF72317027
Recipient
Awarding agency
Obligated
$1,000,000

Award facts

Assistance listing
20.814 Assistance to Small Shipyards
Completion date
Place of performance
Plaquemine, LA 70764, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Department of Transportation's Maritime Administration (MARAD) awarded a $1,000,000 Project Grant under the Assistance to Small Shipyards (CFDA 20.814) program to Verret Shipyard, Inc. in Plaquemine, Louisiana. The grant funding will support the purchase of a 120x64 foot floating drydock to enhance the shipyard's infrastructure, improve domestic ship construction and repair capabilities, and support both commercial and federal government maritime needs. The two-year grant performance period, from October 2024 to October 2026, demonstrates MARAD's commitment to modernizing small shipyard facilities and strengthening the nation's maritime industry.

Quick answers

Who received award 693JF72317027?

693JF72317027 was awarded to Verret Shipyard, Inc. by Maritime Administration (Department of Transportation) on October 12, 2024.

How much is award 693JF72317027 worth?

$1,000,000 has been obligated on 693JF72317027.

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