Federal grant · project grant (b)
Purpose: the Purpose of This Grant Is to Maximize the Utilization of Scrap Tires in the Greater Akron Region and the United States Through the Recovery and Re-use of Functional Polymers From Discarded Scrap Tire Waste Products. by the Third Year of This Program, Full Circle Will Have Developed Ecorphalt for Future Commercialization and Utilization in Road Paving. Activities to Be Performed: - Procure and Assemble Equipment. - Develop Management Systems and Best Practices to Produce Ecorphalt Reliably and Consistently. - Engineer and Optimize Functional Polymer and Devulcanization Process for Ecorphalt Per Local Conditions. - Collaborate With Ohio State Department of Transportation, County and City Road Works Departments, Asphalt Terminals, and Contractors to Develop - - Ecorphalt Mix Designs. - Use Ecorphalt at Between 7% and 10% Levels in Asphalt Blends. - Begin Direct Hiring for Twelve Newly Created Jobs. Expected Outcomes: Boost Job Creation in the Akron Region by Initiating Direct Hiring in the First Quarter of the Grant Lifecycle. Over Five Years, Generate a Total of 476 Jobs, Including 48 Direct Professional Positions, 56 Direct Manufacturing Roles, and 378 Indirect Support and Service Jobs. Additionally, Produce Functional Polymer (RUBBER) at a Rate of 1,500 Pounds Per Hour on a Single Process Line, Resulting in Extending Asphalt Road Life by 2 to 2.5 Times. Achieve Ecorphalt Production at Federal Department of Transportation's Superpave Asphalt Binder Requirements. Intended Beneficiaries: Beneficiaries Include the Workforce in the Akron Region Through Direct Employment Opportunities. Local Infrastructure Will Benefit From the Production of Functional Polymer (RUBBER) Used in Asphalt That Will Expand the Lifespan of Roads.
Committed
$4.7 Million
Paid out
$126.4K
3%
Committed, not yet paid
$4.6M
97%
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 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 .
Loading…