Federal grant · formula grant (a)
Application Purpose: the Purpose of This Award Is to Fund One Year of Bus Preventive Maintenance for Lacmta to Assist It in Fixed Route Transit Operations During the Period of 7/1/2024 to 6/302025.; Activities Performed: Funds Will Be Used to Cover Eligible Bus Preventive Maintenance Activities for Both Vehicles and Facilities.; Expected Outcomes: the Preventive Maintenance Is Essential to the Safe and Efficient Operations of Metros Vehicle Fleet. It Will Reduce Accidents Downtime and Maintenance Costs as Well as Improve Driver Morale and Public Relations.; Intended Beneficiaries: Bus and Rail Riders Including Seniors Persons With Disabilities Low-income and Transit-dependent Individuals and Those Who Do Not Have Alternative Options for Essential Trips.; Subrecipient Activities: Lacmta Does Not Intend to Subaward Funds.
Committed
$161.2 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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