Federal grant · project grant (b)
Purpose: Install Runway Vertical/visual Guidance System. This Grant Is Funded by the American Rescue Plan Act of 2021 to Increase the Federal Share to 100 Percent for the Airport Improvement Program (aip). Activities to Be Performed/expected Outcomes: This Project Installs a New Runway 28 Medium Intensity Approach Lighting System at This Commercial Service Airport. . This Grant Funds 83% of Construction. This Grant Funds a Portion of Phase 2 of a 2 Phase Project. This Project Is Associated With a Bipartisan Infrastructure Law Airport Infrastructure Grant That Funds the Remaining Eligible Portion of Phase 2. Intended Beneficiary: This Grant Will Provide Federal Funding for Airports Associated With Watertown, New York.
Committed
$3.3 Million
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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.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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