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Recipients › Rhode Island › Rhode Island Infrastructure Bank

Recipient organisation · UEI CRCEB6TH9JM6

Rhode Island Infrastructure Bank

Providence, RI · rank 1,759 of 30,989 listed organisations · 6 of 174 in RI

$127Maward obligations, FY2026contracts under the listing floor · 4 of 5 years listed

USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026. View the USAspending recipient profile.

Environmental Protection Agency → Grants: $306MEnvironmental Protection Agency$306MGrants$306M
Awarding agencies to award types, by the value of awards of $1.0M or more begun since FY2023.

Rhode Island Infrastructure Bank, of Providence, RI, was obligated $409M in federal awards across the 4 fiscal years in which it reached the $1.0M listing floor (2023, 2024, 2025, 2026).

In FY2026, the most recent complete fiscal year, obligations were $127M, with contracts under the listing floor.

That is up 56% on FY2025 ($82M).

Rhode Island Infrastructure Bank ranks 6 of 174 listed organisations located in RI by five-year obligations, and 1,759 of 30,989 nationally.

Its $1.0M-plus awards since FY2023 came from Environmental Protection Agency: 23 awards worth $306M in total award value.

$127Mobligations, FY2026FY2026 (1 Oct 2025 – 30 Sep 2026) · obligations
$409Mfive-year total, listed yearsFY2023–FY2027 to date · obligations4 of 5 years listed
under $1.0MFY2027 to dateFY2027 (1 Oct 2026 – 30 Sep 2027), through 30 Sep 2026 · obligations
23awards of $1.0M+ begun since FY2023FY2023–FY2027$306M total award value
1awarding agenciesFY2023–FY2027

Obligations by fiscal year contracts vs assistance

$101M
$98M
$82M
$127M
under $1.0M
FY2023FY2024FY2025FY2026FY2027*
Obligations to Rhode Island Infrastructure Bank by fiscal year: contracts (navy) and financial assistance (green). A year marked "under $1.0M" fell below the listing floor for that year. *FY2027 runs to the data date and is incomplete.
Fiscal yearAll obligationsContractsAssistanceChange
FY2023$101,365,000under $1.0M$101,365,000—
FY2024$98,454,000under $1.0M$98,454,000-3%
FY2025$81,914,000under $1.0M$81,914,000-17%
FY2026$127,380,000under $1.0M$127,380,000+56%
FY2027 to dateunder $1.0M———

A fiscal year runs 1 October to 30 September. "Contracts" are procurement award types A–D; "assistance" is everything else (grants, direct payments, loan subsidy cost, insurance, other). The contracts column is listed only where contract obligations alone reached $1.0M; the assistance figure is the remainder and may therefore include up to $1.0M of contracts.

Compared with its state and the largest recipients five listed years

MeasureThis organisationLargest in RILargest nationally
Five-year obligations (listed years)$409M$11B$416B
FY2026 obligations$127M$3.1B$118B
Contracts, five yearsunder $1.0Munder $1.0M$94B
Assistance, five years$409M$11B$416B
Rank by five-year obligations1,759 of 30,9891 of 174 in RI1

Largest in state: State of Rhode Island Department of Administration. Largest nationally: Health Care Services, California Department of. Rankings count organisations located in the state, by the sum of their listed fiscal years.

Awarding agencies $1.0M+ awards since FY2023

#AgencyAwardsAward valueShare
1Environmental Protection Agency23$306M100%

Assistance programs listings

66.468 Drinking Water State Revolving Fund$198M
66.458 Clean Water State Revolving Fund$70M
66.442 Water Infrastructure Improvements for the Nation Small and Underserved Communities Emerging Contaminants Grant Program$38M

Places of performance $1.0M+ awards

Rhode Island$306M

Largest awards begun since FY2023

Awarding agencyTypeIndustry or programAward valueBegunPlaceRecord
Environmental Protection AgencyGrantFormula Grant (a)66.468 Drinking Water State Revolving Fund$29M24 Aug 2023RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.468 Drinking Water State Revolving Fund$29M20 Sep 2024RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.468 Drinking Water State Revolving Fund$29M28 Apr 2026RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.468 Drinking Water State Revolving Fund$25M28 Aug 2025RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.468 Drinking Water State Revolving Fund$23M20 Sep 2024RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.468 Drinking Water State Revolving Fund$21M23 Aug 2023RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.442 Water Infrastructure Improvements for the Nation Small and Underserved Communities Emerging Contaminants Grant Program$19M31 Aug 2023RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.458 Clean Water State Revolving Fund$17M20 Aug 2025RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.458 Clean Water State Revolving Fund$15M18 Sep 2024RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.458 Clean Water State Revolving Fund$14M4 Aug 2023RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.468 Drinking Water State Revolving Fund$11M4 Sep 2025RIUSAspending
Environmental Protection AgencyGrantFormula Grant (a)66.458 Clean Water State Revolving Fund$11M20 Aug 2025RIUSAspending

Award value is the amount obligated to the award to date as USAspending reports it. Descriptions below are USAspending's text, unedited and truncated; those that appear to name a person are withheld.

Questions and answers

How much federal money does Rhode Island Infrastructure Bank receive?

$409M in award obligations over the fiscal years it is listed for (FY2023: $101M; FY2024: $98M; FY2025: $82M; FY2026: $127M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.

Which agencies award to Rhode Island Infrastructure Bank?

By the value of $1.0M-plus awards begun since FY2023: Environmental Protection Agency ($306M).

What is the money for?

Assistance falls under Drinking Water State Revolving Fund (66.468), Clean Water State Revolving Fund (66.458) and Water Infrastructure Improvements for the Nation Small and Underserved Communities Emerging Contaminants Grant Program (66.442).

Where is the work performed?

Primary places of performance for its larger awards: RI ($306M).

Is Rhode Island Infrastructure Bank a large federal recipient?

It ranks 1,759 of 30,989 organisations on this site by five-year obligations and 6 of 174 located in RI. The site covers organisations with at least $1.0M in a fiscal year; individuals are excluded.

Where does this data come from?

USAspending.gov (U.S. Treasury), award transactions as loaded on 30 Sep 2026; fiscal-year totals via the spending-by-category endpoint and award lists via the award search endpoint. The USAspending recipient profile is the authoritative record.

Provenance

Source: USAspending.gov API v2 (U.S. Department of the Treasury, Bureau of the Fiscal Service), CC0. Fiscal-year obligations from the spending-by-category recipient ranking by recipient state (listing floor $1.0M per year); awards from the award search endpoint (new awards of $1.0M or more by base obligation date); parent and business categories from the recipient profile where fetched. Closed fiscal years are snapshots taken after year end; FY2027 is refreshed on each build. Data loaded by USAspending on 30 Sep 2026. Individuals and sole proprietors are excluded at ingest. Errors in processing are corrected at the next build; see corrections and the methodology.