Federal grant · project grant (b)
Application Purpose: Battery Electric Bus (BEB) Charging Infrastructure Project Which Will Provide Electric Charging Equipment and Installation to Power Rmtds Battery Electric Buses.; Activities Performed: Purchase of Electric Charging Equipment to Power Rmtds Battery Electric Buses.; Expected Outcomes: to Allow for Electric Charging of All of Rmtds Battery Electric Buses.; Intended Beneficiaries: the Rockford Service Area Which Includes the Cities of Rockford and Loves Park as Well as the Village of Machesney Park Will Benefit From RMTD Utilizing Battery Electric Buses. Environmentally Better as Well as Quieter. This Project Will Provide the Battery Electric Charging That Will Keep These Buses on the Road.; Subrecipient Activities: No Subrecipients
Committed
$2.3 Million
Paid out
$579.8K
25%
Committed, not yet paid
$1.7M
75%
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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.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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