Federal grant · project grant (b)

Commonwealth of Virginia

This Project Will Fund Improvements to the Portsmuth Marine Terminal to Enable It to Serve as a Staging Area in Support of Offshore Wind Projects. the Grant Will Fund Creation of a Wind Turbine Generator Staging Area in the Uplands Adjacent to One the Terminals Wharves and a Second Storage Area Where Monopiles and Other Project Components Will Be Stored. the Staging and Storage Areas Require Installation of Piles to Increase the Loand-bearing Capacity of the Site and New Pavement to Support the Heavy Components That Will Be Imported Through the Facility.

Committed

$20.0 Million

Paid to

UEI EG2MV68YXC69

600 World Trade Center, Norfolk, VA, 23510

Department of Transportation

Maritime Administration

Place

NORFOLK, VA, UNITED STATES

VA-03

Performance

Oct 13, 2023

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

Commonwealth of Virginia

Committed

$20.0 Million

Paid to

Commonwealth of Virginia

UEI EG2MV68YXC69

600 World Trade Center, Norfolk, VA, 23510

Department of Transportation

Maritime Administration

Place

NORFOLK, VA, UNITED STATES

VA-03

Performance

Oct 13, 2023

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 ↗