Lowcountry COG debt service

Formula Grant Awarded Last action

Award ID
693JJ22130000Z970SCLCDS001
Recipient
Awarding agency
Obligated
$994,584

Award facts

Assistance listing
20.205 Highway Planning and Construction
Completion date
Not on record
Place of performance
South Carolina, USA

Award details come from USAspending.gov.

About this award

The South Carolina Department of Transportation received a $994,583.54 Formula Grant award from the U.S. Department of Transportation Federal Highway Administration under the Highway Planning and Construction federal grant program (CFDA 20.205) on August 26, 2021. The funding will support debt service payments totaling $30.6 million in principal and interest for the Lowcountry Council of Governments.

The Highway Planning and Construction program aims to assist states in providing construction, preservation, and improvement of highways. This particular award will help the South Carolina DOT meet its debt obligations for infrastructure projects undertaken by the Lowcountry COG region. As the parent organization of the awardee, the State of South Carolina will oversee use of these federal funds.

Description

Project description
Lowcountry COG debt service - total principal = $20,394,693.33 total interest = 10,174,480.13

Transactions

Action Obligated Date
Amendment $154,546
Amendment $154,546
Original award $685,491

Quick answers

Who received award 693JJ22130000Z970SCLCDS001?

693JJ22130000Z970SCLCDS001 was awarded to South Carolina Department Of Transportation by Federal Highway Administration (Department of Transportation) on August 26, 2021.

How much is award 693JJ22130000Z970SCLCDS001 worth?

$994,584 has been obligated on 693JJ22130000Z970SCLCDS001.

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