Federal grant · project grant (b)
Bipartisan Infrastructure Law-bil-the Grid of the Future Project the Grid of the Future Project (project) Seeks to Expand PPL Electric Utilities Corporation’s (PPL Electric or Company) Self-healing Grid to Support Improved Reliability and Resiliency and, Distributed Energy Resources (DERS) and Electric Vehicle (EV) Deployment in Eastern and Central Pennsylvania. the Project Portfolio Consists of $99 Million of Investments That Enable Communities in PPL Electric’s Service Territory to Advance Transportation Electrification Goals by Improving the Ability of the Electric Grid to Avoid, Mitigate, and Recover From Major Disruptions, and, Consequently, Ensure Reliable Charging Capability for School Districts and Communities.
Committed
$49.4 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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