Federal grant · project grant (b)

Twin County Airport

Purpose: Construct/expand Hangar. Activities to Be Performed/expected Outcomes: This Project Constructs a New 8,860 Square Foot Sponsor-owned Hangar for Aircraft Storage to Assist the Airport to Be as Self-sustaining as Possible by Generating Revenue. This Project Is Allowable Under the Bipartisan Infrastructure Law's Expanded Eligibility. This Grant Funds the Design Phase of the Project. Intended Beneficiary: This Grant Will Provide Federal Funding for Airports Associated With Hillsville, Virginia.

Committed

$44,687

Paid to

Twin County Airport

UEI GHKLQ6M37699

504 Hangar RD., Hillsville, VA, 24343

Department of Transportation

Federal Aviation Administration

Place

HILLSVILLE, VA, UNITED STATES

VA-09

Performance

Aug 30, 2024 → Aug 29, 2028

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

Twin County Airport

Committed

$44,687

Paid to

Twin County Airport

UEI GHKLQ6M37699

504 Hangar RD., Hillsville, VA, 24343

Department of Transportation

Federal Aviation Administration

Place

HILLSVILLE, VA, UNITED STATES

VA-09

Performance

Aug 30, 2024 → Aug 29, 2028

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 ↗