Corridors of Commerce | Readiness Advancement
Readiness Advancement
Up to 10% of Corridors of Commerce funds available in each fiscal year may be allocated for the following readiness advancement activities:
- Planning
- Scoping
- Predesign
- Preliminary engineering
- Environmental analysis
Any share of funds not allocated to readiness advancement activities must be distributed back to the program. Funds are for project development sufficient to meet the eligibility and scoring criteria of the program.
$22 million in Corridors of Commerce funding carried over from FY2023 will be used to fund the 2025 Readiness Advancement Activity.