Hi Mario,
Sorry for the late response.
I have just run you project and could reproduce the fault on S32K148_144 EVB.
As you can see below, it is a precise bus fault at address 0x40049068.


When the PINS driver is initialized, the PORTA PCC clock is gated off.

The CLOCK_SYS_UpdateConfiguration(0U, CLOCK_MANAGER_POLICY_AGREEMENT); function returns STATUS_TIMEOUT because the SOSC module clock cannot be validated.
Do you use an External clock generator or a crystal with the internal SOSC.
Because in the project, you selected external External clock source.

If crystal, then change the configuration to External crystal oscillator instead.

Thank you,
Regards,
Daniel