Big Rock

This Eda Investment Supports Big Rock With Installing a New Lift and Upgrading the Snowmaking Capability to Extend the Ski Season and Preserve This Regional Asset for the Expansion of the Outdoor Recreation and Tourism Industry in Mars Hill, Maine. the New Lift Will Be a Fixed-grip Chairlift That Will Require Earthwork, Concrete, and Erection for the Base and Top Terminals, Lift Towers, and Operator Houses. the Snowmaking Upgrades Will Include the Installation of a Multi-pump System, Additional Snow Producers, Associated Piping and Electrical Infrastructure for Additional Snowmaking Locations. Once Completed, the Project Will Help the Region Become More Resilient to Fluctuations in Tourism and Assist in the Region's Recovery, Which Will Help Increase Employment Opportunities, Save Jobs, Spur Private Investment, and Advance Economic Resiliency in the Area.

Committed

$2.5 Million

Paid to

Big Rock

UEI JHADLL446HP7

37 Graves Road, Mars Hill, ME, 04758

Department of Commerce

Economic Development Administration

Place

MARS HILL, ME, UNITED STATES

ME-02

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Commerce

Economic Development Administration

Economic Adjustment Assistance to

Big Rock

Committed

$2.5 Million

Paid to

Big Rock

UEI JHADLL446HP7

37 Graves Road, Mars Hill, ME, 04758

Department of Commerce

Economic Development Administration

Place

MARS HILL, ME, UNITED STATES

ME-02

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗