BEAD Awards vs. Allocations: Deep Dive on Benefit of the Bargain Results
Most states have released their recommended awards in the Benefit of the Bargain round in the Broadband Equity, Access and Deployment Program. The total value of the award recommendations for those states is less than half of the initial allocations, according to a Telecompetitor analysis. The initial allocation for the first 45 states was about $32.8 billion. The total value of the award recommendations for the states is about $15.2 billion, or about 46 percent of the initial allocation. Changes to BEAD rules imposed in June are a key reason for the results.