Federal grant · project grant (b)

Long Beach Airport

Purpose: Reconstruct Terminal Components; Expand Terminal. Activities to Be Performed/expected Outcomes: This Project Expands the Existing Terminal by 6,000 Square Feet, Including Two Exterior Holding Areas. This Expansion Will Facilitate the Movement of Passengers and Baggage to Bring the Airport Into Conformity With Current Standards. This Project Reconstructs the Existing Terminal by Replacing 11 Gate Hold Areas, Restrooms, a Service Animal Relief Area, and a Back-up Generator. Intended Beneficiary: This Grant Will Provide Federal Funding for Airports Associated With Long Beach, California.

Committed

$24.3 Million

Paid out
$2.5M
10%
Committed, not yet paid
$21.8M
90%

How to read these numbers

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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.
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The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗