Port Authority of New York & New Jersey

Purpose: American Rescue Plan Act Awarded as Economic Assistance to Eligible U.s. Airports and Eligible Concessions at Those Airports to Prevent, Prepare for, and Respond to the COVID-19 Pandemic. Activities to Be Performed/expected Outcomes: This Grant Provides Economic Relief Funds for Costs Related to Operations, Personnel, Cleaning, Sanitization, Janitorial Services, Debt Service Payments, and Combating the Spread of Pathogens at the Airport. Intended Beneficiary: This Grant Will Provide Federal Funding for Airports Associated With New York, New York.

Committed

$94.3 Million

Paid to

UEI S2TXEU92QGE3

4 World Trade CTR, New York, NY, 10007

Department of Transportation

Federal Aviation Administration

Place

FLUSHING, NY, UNITED STATES

NY-14

Performance

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 Transportation

Federal Aviation Administration

Airport Improvement Program, Infrastructure Investment and Jobs Act Programs, and COVID-19 Airports Programs to

Port Authority of New York & New Jersey

Committed

$94.3 Million

Paid to

Port Authority of New York & New Jersey

UEI S2TXEU92QGE3

4 World Trade CTR, New York, NY, 10007

Department of Transportation

Federal Aviation Administration

Place

FLUSHING, NY, UNITED STATES

NY-14

Performance

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 ↗