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

Verizon Communications Inc

The High Cost Program Provides Funding to Companies Working to Expand Connectivity in Unserved or Underserved Areas

Committed

$13.8 Million

Paid to

UEI KLVFB6J1M377

One Verizon Way, VC53S312F, Basking Ridge, NJ, 07920

Federal Communications Commission

Place

VA, UNITED STATES

What it funds

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 .

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

The High Cost Program Provides Funding to Companies Working to Expand Connectivity in Unserved or Underserved Areas

Committed

$13.8 Million

Paid to

Verizon Communications Inc

UEI KLVFB6J1M377

One Verizon Way, VC53S312F, Basking Ridge, NJ, 07920

Federal Communications Commission

Place

VA, UNITED STATES

What it funds

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 .