Broadband Initiatives Program&

Farm Bill ProgramUpdates

BIP Draw StatusQ2 2012

As of 04/10/2012

Number of Awards

Percent of Awards Grant (Million) Loan (Million) Total Dollars

(Million)Percent of

DollarsInfrastructure Awards 297 100.0% $2,233.9 $1,191.8 $3,425.7 100.0%Projects Rescinded 36 12.1% $188.8 $78.0 $266.8 7.8%Projects without Draws 30 10.1% $136.7 $35.6 $172.3 5.0%Projects with Draws - Funds Not Drawn 226 76.1% $1,425.0 $736.5 $2,161.5 63.1%Projects with Draws - Funds Drawn $476.9 $337.6 $814.5 23.8%Projects with Draws - Funds Fully Drawn 5 1.7% $6.5 $4.1 $10.6 0.3%

TOTAL DRAWN 231 77.8% $483.4 $341.7 $825.1 24.1% Satellite Awards 4 100.0% $100.0 $0.0 $100.0 100.0%Projects without Draws 0 0.0% $0.0 $0.0 $0.0 0.0%Projects with Draws - Funds Not Drawn 4 100.0% $32.2 $0.0 $32.2 32.2%Projects with Draws - Funds Drawn $67.8 $0.0 $67.8 67.8%Projects with Draws - Funds Fully Drawn 0 0.0% $0.0 $0.0 $0.0 0.0%

TOTAL DRAWN 4 100.0% $67.8 $0.0 $67.8 67.8%

Technical Assistance Awards 19 100.0% $3.4 $0.0 $3.4 100.0%Projects without Draws 0 0.0% $0.0 $0.0 $0.0 0.0%Projects with Draws - Funds Not Drawn 0 0.0% $0.0 $0.0 $0.0 0.0%Projects with Draws - Funds Drawn $0.0 $0.0 $0.0 0.0%Projects with Draws - Funds Fully Drawn 19 100.0% $3.4 $0.0 $3.4 100.0%

TOTAL DRAWN 19 100.0% $3.4 $0.0 $3.4 100.0%

Total Initial Awards 320 100.0% $2,337.3 $1,191.8 $3,529.1 100.0%Projects Rescinded 36 11.3% $188.8 $78.0 $266.8 7.6%Projects without Draws 30 9.3% $136.7 $35.6 $172.3 4.8%Projects with Draws - Funds Not Drawn 230 71.9% $1,457.2 $736.5 $2,193.7 62.2%Projects with Draws - Funds Drawn $544.7 $337.6 $882.3 25.0%Projects with Draws - Funds Fully Drawn 24 7.5% $9.9 $4.1 $14.0 0.4%

TOTAL DRAWN 254 79.4% $554.6 $341.7 $896.3 25.4%PERCENT OF ACTIVE AWARDS AND DOLLARS DRAWN

DOWN88.8% 27.5%

Summary of Expenditures for 301 BIP Awarded Projects by Spending Categoryas of 2/29/2012

Spending Category No. Awards Spending

Reimbursable Agency Costs

Pre-Application Expenses Incurred 213 $8,545,713Total of All Engineering Contracts Signed by Awardee

238 $326,787,851

Total of All Construction Contracts Signed by Awardee

182 $1,175,067,488

Total Budget for Work Orders/773 Contracts 123 $161,604,978Contracts in Excess to Award 23 -$14,208,436Total of all Engineering and Construction Contracts approved by DC

233 $1,268,762,109

Total FRS Approved 192 $800,662,804

Reimbursable Total* $1,657,797,593

Non-Reimbursable Costs

Owners Capital for Contracts in Excess to Award 23 $14,208,436Total Non-Reimbursable Pre-Application Expenses Incurred

176 $4,575,965

Total Non-Reimburseable Engineering Obligated by Awardee

141 $31,479,462

Total Non-Reimbursable Construction Obligated by Awardee

102 $72,144,428

Total Non-Reimbursable Internal Construction 57 $17,860,374Total Non-Reimbursable Contracts in Active Construction

137 $100,447,270

Construction $ Complete 91 $53,502,654

Non-Reimbursable Total* $140,268,665Combined Total* $1,798,066,258

*Total rows do not include "Total of all Engineering and Construction Contracts approved by DC," "Total FRS Submissions," "Total Non-Reimbursable Contracts in Active Construction" and "Construction $ Complete" rows.

De-Obligated Award

• 37 Awards have been de-obligated

– Total Grant Amount: $188,992,823– Total Loan Amount: $75,083,174

– Total Amount (Grant + Loan): $264,075,997

FY 2010 FY 2011 FY 2012 Total Contract Docs FRS Contract Docs FRS Contract Docs FRS Contract Docs FRS Received 134 13 989 523 570 634 1,693 1,170 Approved 134 12 930 515 433 541 1,497 1,068 Pending 0 0 30 2 119 81 149 83 Returned 0 1 29 6 18 12 47 19

FY 2010 FY 2011 FY 2012 Total Professional Srvs 57 291 44 392

Equipment 46 242 162 450 Construction 29 275 115 419

Amendments & Closeouts 2 181 249 432

BIP – Contracts and Advance Requests Received in National OfficeAs of 4/18/12

Farm Bill Program

• FY 2012 Budget: $600,000,000

• Currently there are two applications in-house for process. One is for approximately $13M the other is for approximately $68M.