Federal grant · formula grant (a)

County of Placer

Application Purpose: the Purpose of This Award Is to Provide 2 Years Operating Assistance and 2 Years Preventive Maintenance (during the Period of July 1 2024 Through September 30 2025 and the Purchase of Up to (6) New Replacement Vehicles for Placer County Transit (PCT).; Activities Performed: Funds Will Be Used to Cover All Eligible Preventive Maintenance and Operating Expenses Such as Driver Salaries Fuel Items Having a Useful Life of Less Than One Year and the Purchase of Replacement Vehicles; Expected Outcomes: Funding Will Permit PCT to Meet Preventive Maintenance Standards Continue to Provide Operations and Keep Rolling Stock Vehicles in a State of Good Repair.; Intended Beneficiaries: the General Travelling Public Within Placer County Employers Employees Commuters Residents and Visitors.; Subrecipient Activities: Placer County Does Not Intend to Subaward Funds.

Committed

$2.8 Million

Paid out
$1.5M
54%
Committed, not yet paid
$1.3M
46%

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 ↗