Indiana Economic Development Corporation

Inflation Reduction Act (IRA) Indiana Auto Manufacturing Evolution Program Award Will Be Utilized to Help Small and Medium Sized Automotive Facilities Currently Producing Internal Combustion Engine Vehicle Components Modernize Their Capabilities to Manufacture Electric Vehicle Equipment.

Committed

$10.8 Million

Paid to

UEI SFJMLPWZ4547

1 North Capitol Ave Suite 700, Indianapolis, IN, 46204

Department of Energy

Place

INDIANAPOLIS, IN, UNITED STATES

IN-07

Performance

Jan 1, 2025 → Dec 31, 2029

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 · project grant (b)

Department of Energy

Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications to

Indiana Economic Development Corporation

Committed

$10.8 Million

Paid to

Indiana Economic Development Corporation

UEI SFJMLPWZ4547

1 North Capitol Ave Suite 700, Indianapolis, IN, 46204

Department of Energy

Place

INDIANAPOLIS, IN, UNITED STATES

IN-07

Performance

Jan 1, 2025 → Dec 31, 2029

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 ↗