Federal grant · project grant (b)

Sitnasuak Native Corporation

This Eda Investment Funds Fortification an Existing Six-million-gallon Fuel Tank Farm at the Port of Nome in Alaska. the Frozen Soil Beneath the Fuel Tanks Is Beginning to Melt During the Summer Months. This Could Cause the Tanks to Shift, Thus Threatening Their Structural Integrity. Thermosyphon Will Be Installed Under Fuel Tanks 1,2,3,6 and 7, to Combat Seasonal Thaw and Maintain a Stable Temperature Underneath the Fuel Tanks. the Project Is Expected to Retain Over 800 Jobs and Spur $5 Million in Private Investment.

Committed

$4.5 Million

Paid to

UEI DAZLA5JB21G8

214 Front ST Floor 2, Nome, AK, 99762

Department of Commerce

Economic Development Administration

Place

NOME, AK, UNITED STATES

AK-00

Performance

Sep 16, 2024 → Sep 16, 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 Commerce

Economic Development Administration

Economic Adjustment Assistance to

Sitnasuak Native Corporation

Committed

$4.5 Million

Paid to

Sitnasuak Native Corporation

UEI DAZLA5JB21G8

214 Front ST Floor 2, Nome, AK, 99762

Department of Commerce

Economic Development Administration

Place

NOME, AK, UNITED STATES

AK-00

Performance

Sep 16, 2024 → Sep 16, 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 ↗