With All Funds Obligated, NTIA Takes Additional Steps to Accelerate BEAD Construction
As of last week, the federal government has obligated all $42.45 billion in BEAD funding to states and territories (the “Eligible Entities”). This means that, subject to the terms and conditions of their awards, Eligible Entities can access their BEAD allocation to connect every resident to affordable, reliable high-speed Internet service. With all 56 Eligible Entities having now reached this critical milestone, we know that grantees are eager to begin deployment of new high-speed Internet networks.