Federal grant · cooperative agreement (b)
This Purpose of This Agreement Is to Provide Funding to the Paden City Development Authority to Clean Up a Brownfield Site in Paden City, West Virginia. Paden City Development Authority Will Clean Up Hazardous Substances at the 8.4-ACRE Paden City Industrial Park to Prepare the Property for Use by Light Industrial Businesses. Paden City Development Authority Will Enter the Site Into the West Virginia Voluntary Remediation Program to Ensure It Meets Industrial Standards. the Beneficiaries of the Project Are the Residents of Paden City, West Virginia Brownfields Are Real Property, the Expansion, Development, or Reuse of Which May Be Complicated by the Presence or Potential Presence of a Hazardous Substance, Pollutant, or Contaminant.
Committed
$500,000
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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.
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.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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