Federal grant · formula grant (a)

Rhode Island Infrastructure Bank

Description:this Agreement Provides a Capitalization Grant, Funded by the Infrastructure Investment and Jobs Act (IIJA) (PL 117-58), for the Recipient's Drinking Water State Revolving Fund (DWSRF) Program. the Award Furthers the Public Health Protection Objectives of the Safe Drinking Water Act (sdwa). Activities:the Recipient of These Funds Will Provide Low Interest Rate Financing to Eligible Public Water Systems for the Costs Associated With the Planning, Design, and Construction of Eligible Drinking Water Improvement Projects. the Recipient May Also Use Some of the Funding for Specific Set-asides, Including But Not Limited to Providing Technical Assistance to Small Systems, for Operator Certification Activities, and Source Water Protection Activities. Subrecipient:n/a - All SRF Assistance Will Be Provided as Loansoutcomes:the Anticipated Deliverables Include Financing, Planning, Design, and Construction of Eligible Public Health-related Projects. Deliverables Will Also Be Used to Increase the Technical, Managerial, and Financial Capacity of Public Water Systems. the Expected Outcome Is Public Health Protection. the Intended Beneficiaries Include Citizens Throughout the State.

Committed

$24.9 Million

Paid to

UEI CRCEB6TH9JM6

275 Promenade ST Ste 301, Providence, RI, 02908

Environmental Protection Agency

Place

RI, UNITED STATES

Performance

Oct 1, 2025 → Sep 30, 2032

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 · formula grant (a)

Environmental Protection Agency

Drinking Water State Revolving Fund to

Rhode Island Infrastructure Bank

Committed

$24.9 Million

Paid to

Rhode Island Infrastructure Bank

UEI CRCEB6TH9JM6

275 Promenade ST Ste 301, Providence, RI, 02908

Environmental Protection Agency

Place

RI, UNITED STATES

Performance

Oct 1, 2025 → Sep 30, 2032

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 ↗