Federal contract vehicle · indefinite delivery / definite quantity

Tenax Aerospace LLC

Hangar 6 Aircraft Lease for (1) Citation Sovereign Plus Aircraft to Be Based at Ronald Reagan Washington National Airport. There Will Be an Option for a Second Leased Cessna Citation Sovereign Plus Aircraft. It Is Most Likely the Award Will Be for 1

Committed

$10.2 Million

Paid to

Tenax Aerospace LLC

UEI DHYEJHYUNPM3

124 One Madison PLZ Ste 2100, Madison, MS, 39110

Department of Transportation

Federal Aviation Administration

6973GH Franchise Acquisition SVCS

Performance

Sep 24, 2021

Competition

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 contract vehicle · indefinite delivery / definite quantity

Department of Transportation

Federal Aviation Administration to

Tenax Aerospace LLC

Committed

$10.2 Million

Paid to

Tenax Aerospace LLC

UEI DHYEJHYUNPM3

124 One Madison PLZ Ste 2100, Madison, MS, 39110

Department of Transportation

Federal Aviation Administration

6973GH Franchise Acquisition SVCS

Performance

Sep 24, 2021

Competition

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 ↗