Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Grid Deployment Office - Other Direct Funding Mechanisms/Identified Transactions to

Duke Energy Progress, LLC

The Duke Energy Progress, Limited Liability Company, Blewett Falls Spillway Stabilization Project, Will Upgrade the Spillway to Meet the Federal Energy Regulatory Commission Stability Criteria by Installing 127 Rock Anchors and Replacement of the Spillway. the Facility Began Operation in 1912 and Is Located on the Pee Dee River in Lilesville, North Carolina.

Committed

$5.0 Million

Paid to

UEI K4QFQ421JT93

411 Fayetteville ST, Raleigh, NC, 27601

Department of Energy

Place

LILESVILLE, NC, UNITED STATES

NC-08

Performance

Nov 15, 2021 → Jun 30, 2025

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 award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Department of Energy

Grid Deployment Office - Other Direct Funding Mechanisms/Identified Transactions to

Duke Energy Progress, LLC

Committed

$5.0 Million

Paid to

Duke Energy Progress, LLC

UEI K4QFQ421JT93

411 Fayetteville ST, Raleigh, NC, 27601

Department of Energy

Place

LILESVILLE, NC, UNITED STATES

NC-08

Performance

Nov 15, 2021 → Jun 30, 2025

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 ↗