PM Schenectady LLC

To Address the Pressing Financial Need of Higher Education Schools and Students Due to the Disruption of Campus Operations From Coronavirus. School Cares Grant.

Committed

$103,883

Paid to

PM Schenectady LLC

UEI EDZ2MUPFLMX7

411 State ST, Schenectady, NY, 12305

Department of Education

Place

SCHENECTADY, NY, UNITED STATES

NY-20

Performance

May 14, 2020 → May 13, 2021

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 · formula grant (a)

Department of Education

Education Stabilization Fund to

PM Schenectady LLC

To Address the Pressing Financial Need of Higher Education Schools and Students Due to the Disruption of Campus Operations From Coronavirus. School Cares Grant.

Committed

$103,883

Paid to

PM Schenectady LLC

UEI EDZ2MUPFLMX7

411 State ST, Schenectady, NY, 12305

Department of Education

Place

SCHENECTADY, NY, UNITED STATES

NY-20

Performance

May 14, 2020 → May 13, 2021

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 ↗