Federal grant · project grant (b)

Valley Regional Transit

Application Purpose: the Purpose of This Grant Is to Fund the Purchase of Approximately One (1) 35-FOOT Replacement Electric Bus.; Activities Performed: Procure Approximately One (1) 35-FOOT Battery-electric Bus to Replace Existing Vehicle That Has Met Its Useful Life.; Expected Outcomes: --modernized Transit Fleet Through the Acquisition of Approximately One (1) New Battery-electric Replacement Bus Improving Service Reliability and Operational Efficiency.--reduced Maintenance Costs and Improved Asset Performance by Replacing Older Bus That Has Exceeded Its Useful Life.; Intended Beneficiaries: VRT Riders and the Environment; Subrecipient Activities: None

Committed

$1.2 Million

Paid out
$1.0M
84%
Committed, not yet paid
$194.8K
16%

How to read these numbers

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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 ↗