Economic Development Authority, New Jersey

Inflation Reduction Act (IRA) - New Jersey Offshore Wind Transmission Communities Project. Implement Community Prioritized Capital Projects Through a Democratic, Participatory Budgeting Process Across Offshore Wind (OSW) Transmission Communities, Provide Workforce Development Training Programs That Lead to Fulfilling Career Opportunities in the Transmission Sector, and Develop Public-use Trails Along Transmission Corridors.

Committed

$50.0 Million

Paid to

UEI CKC5CGLKMCK5

36 West State Street, Trenton, NJ, 08625

Department of Energy

Place

TRENTON, NJ, UNITED STATES

NJ-12

Performance

Jan 1, 2025 → Sep 30, 2031

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 ↗

Federal grant · cooperative agreement (b)

Department of Energy

Grid Infrastructure Deployment and Resilience to

Economic Development Authority, New Jersey

Committed

$50.0 Million

Paid to

Economic Development Authority, New Jersey

UEI CKC5CGLKMCK5

36 West State Street, Trenton, NJ, 08625

Department of Energy

Place

TRENTON, NJ, UNITED STATES

NJ-12

Performance

Jan 1, 2025 → Sep 30, 2031

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 ↗