Billed Entity:
16068392
FRN:
1799081465
Funding Year:
2017
470#:
170047535
471#:
171035547
Category of Service:
INTERNAL CONNECTIONS
Status:
Denied
FCDL Date:
2018-02-15
Wave:
41
FCDL Comment:
DR1:The Category Two budget for BEN 16050141; 16068394; and 16084392 is $62,155.15; $87,631.08; and $68,447.40, respectively. Your total requested Category Two pre-discount funding amount for BEN 16050141; 16068394; and 16084392 exceeds this entity’s Category Two Budget by: $183,846.41; $181,123.06; and $186,954.42, respectively. This funding request is being denied because you have not authorized sufficient modifications to the Category Two funding requests to bring this BEN within its allowable Category Two budget.||MR1:Based on the applicant’s request, Nexus STEM Academy Middle School, entity no. 17006988, has been removed from the Recipients of Service on the FRN’s Product and Service Details and the entity’s Category Two Cost-Allocation was re-allocated to the following entity(ies) in the following amounts: Power Center Acadamy Elementary, entity no. 16050141, Power Center Academy High, entity no. 16068394, and Power Center Academy Middle, entity no. 16084392, for $6,579.17 each.
Service Start Date (471):
2017-07-01
Service Start Date (486):
 
Committed Amount:
$0.00
Last Date of Service:
2018-06-30
Disbursed Amount:
$0.00
Payment Mode:
NOT SET
Remaining:
$0.00
Last Date to Invoice:
2019-01-28

Original
Committed
Monthly Cost:
$0.00
 
Ineligible Monthly Cost:
$0.00
 
Months of Service:
12
 
Annual Recurring Charges:
$0.00
 
One Time Cost:
$78,950.00
 
One Time Ineligible Cost:
$0.00
 
Total Cost:
$78,950.00
 
Discount Percent:
80
 
Requested Amount:
$63,160.00