Network Interface Cards (NICs) greatly evolved from simple basic devices moving traffic in and out of the network to complex heterogeneous systems offloading host CPUs from performing complex tasks on in-transit packets. These latter comprise different types of devices, ranging from NICs accelerating fixed specific functions (e.g., on-the-fly data compression/decompression, checksum computation, data encryption, etc.) to complex Systems-on-Chip (SoC) equipped with both general purpose processors and specialized engines (Smart-NICs). Similarly, Field Programmable Gate Arrays (FPGAs) moved from pure reprogrammable devices to modern heterogeneous systems comprising general-purpose processors, real-time cores and even AI-oriented engines. Furthermore, the availability of high-speed network interfaces (e.g., SFPs) makes modern FPGAs a good choice for implementing Smart-NICs. In this work, we extended the functionalities offered by an open-source NIC implementation (Corundum) by enabling time-aware traffic management in hardware, and using this feature to control the bandwidth associated with different traffic classes. By exposing dedicated control registers on the AXI bus, the driver of the NIC can easily configure the transmission bandwidth of different prioritized queues. Basically, each control register is associated with a specific transmission queue (Corundum can expose up to thousands of transmission and receiving queues), and sets up the fraction of time in a transmission window which the queue is supposed to get access the output port and transmit the packets. Queues are then prioritized and associated to different traffic classes through the Linux QDISC mechanism. Experimental evaluation demonstrates that the approach allows to properly manage the bandwidth reserved to the different transmission flows.