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Millions At Risk Due to Invoice Deadline

Monday, January 30, 2023 is the invoice deadline for more than 650 E-rate funding requests that have approved but as-yet-disbursed funds.  In total, $11,750,162.50 from Funding Years 2016 through 2021 has been committed but not disbursed.

Because January 28 is the typical invoice deadline for non-recurring services with a service delivery deadline of September 30, it is not surprising that the majority of the undisbursed funds are related to Internal Connections purchases:

Due to the FCC’s installation deadline waiver for FY2020 and FY2021 requests, most of the undisbursed funds with a 1/30/23 invoice deadline come from Funding Year 2019 FRNs:

Because of the FCC waiver, the number of FRNs with January 2024 invoice deadlines is nearly three times that of FY2023:

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