Federal grant · formula grant (a)
Application Purpose: the Purpose of the Award Is to Provide Operating Funds for the Period of Jan 2020 to Dec 31 2025 4 Replacement Transit Vans and 2 Support Vehicles and to Perform Short Range Transit Plan and Fare Study.; Activities Performed: Funds Will Cover Operating Expenses Such as Fuel and Items Having a Useful Life of Less Than One Year Capital Expenses Including for the Replacement Vehicles and Planning Study.; Expected Outcomes: Funding Will Allow the Continued Operation of Services the Timely Replacement of Vehicles and Implementation of New Services and Fare Policy.; Intended Beneficiaries: Population of the Redding Ca Service Area and Area Transit Riders; Subrecipient Activities: N/a
Committed
$5.0 Million
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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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