Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

40-Mile Air, LTD.

Purpose: the Purpose of This Subsidy Award for Assistance Is to Provide Air Service for Eligible Essential Air Service Communities. Activities to Be Performed: the Air Carrier Will Provide Essential Air Service to the Recipient Within the Scope of the Established Order. Expected Outcomes: the Recipient Will Maintain a Minimal Level of Scheduled Air Service and Have a Connection to the National Air Transportation System, Typically Through a Large or Medium-hub Airport. Intended Beneficiaries: Local Residents, Inbound Visitors, and Businesses Will Benefit From Scheduled Air Service and the Connection to the National Air Transportation System. Subrecipient Activities: the Recipient Does Not Intend to Subaward Funds.

Committed

$190,554

Paid to

40-Mile Air, LTD.

UEI XL9VPKH5EKK1

Po Box 539 (Mile 1313 Alaska Hwy) Tok, Tok, AK, 99780

Department of Transportation

Immediate Office of the Secretary of Transportation

Place

GLENNALLEN, AK, UNITED STATES

AK-00

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 award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Department of Transportation

Immediate Office of the Secretary of Transportation

Payments for Essential Air Services to

40-Mile Air, LTD.

Committed

$190,554

Paid to

40-Mile Air, LTD.

UEI XL9VPKH5EKK1

Po Box 539 (Mile 1313 Alaska Hwy) Tok, Tok, AK, 99780

Department of Transportation

Immediate Office of the Secretary of Transportation

Place

GLENNALLEN, AK, UNITED STATES

AK-00

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 ↗