Federal grant · formula grant (a)

Peninsula Corridor Joint Powers Board

Application Purpose: the Purpose of the Award Is to Provide Funding to Support Systemwide Track Rehabilitation State of Good Repair.; Activities Performed: Funds Will Cover the Cost to Perform Caltrain Systemwide State of Good Repair Including Track Rehabilitation Related Civil Improvements and Creek Crossing Improvements.; Expected Outcomes: Funding Will Allow the Continued Operation of Service Maintain Safe and Reliable Levels of Service Address Growing Customer Needs Provide the Capability for Future Increases in Service and Enhance Operational Flexibility.; Intended Beneficiaries: Population of the San Francisco Peninsula San Jose and Gilroy Service Area and Commuter Rail Riders.; Subrecipient Activities: None

Committed

$14.6 Million

Paid out
$14.2M
97%
Committed, not yet paid
$397.3K
3%

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 ↗