Federal grant · project grant (b)

Quonset Development Corp

This Project Funds the First Phase of the Rehabilitation of the South Side of Pier 1 in the Port of Davisville. the Project Complements a Similar State-funded Effort That Is Modernizing the Adjacent Pier 2 Facility and Is Part of the Ports Recently Completed Master Plan. Pidp Funding Will Assist With the Removal and Reconstruction of a Section of the Dock at Pier 1 South, Including the Replacement of Critical Berthing and Mooring Infrastructure as Well as the Installation of a Concrete Ramp Overlay to Accommodate the Loading/unloading of Ro-ro Vessels at the Pier.

Committed

$11.1 Million

Paid to

UEI RDENNKN1ZVY3

95 Cripe Street, North Kingstown, RI, 02852

Department of Transportation

Maritime Administration

Place

NORTH KINGSTOWN, RI, UNITED STATES

RI-02

Performance

Aug 4, 2022 → Mar 20, 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

Maritime Administration

Port Infrastructure Development Program to

Quonset Development Corp

Committed

$11.1 Million

Paid to

Quonset Development Corp

UEI RDENNKN1ZVY3

95 Cripe Street, North Kingstown, RI, 02852

Department of Transportation

Maritime Administration

Place

NORTH KINGSTOWN, RI, UNITED STATES

RI-02

Performance

Aug 4, 2022 → Mar 20, 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 ↗