Paulding Putnam receives $13.1M Indiana BEAD contract for fiber buildout
Indiana electric cooperative Paulding Putnam has received a BEAD Program contract totaling $13,174,476 in federal funding, matched by $10,350,060 in cooperative investment, to deploy fiber-to-the-home broadband to 1,464 eligible locations across Allen, Adams, DeKalb, and Noble counties. The Indiana Broadband Office celebrated the milestone with cooperative and regional leaders, with construction expected to begin in spring 2027 and most locations connected by spring 2029.
Providers named: Paulding Putnam
Award amount: $13.2M
What this means for BEAD compliance
Paulding Putnam and other electric cooperatives or ISPs holding or seeking Indiana BEAD subgrants for fiber deployment in Allen, Adams, DeKalb, and Noble counties.
Contract execution triggers active_deployment obligations including NEPA environmental review completion prior to construction, Davis-Bacon prevailing wage compliance for the workforce building the network, and participation in Indiana's reimbursement-based disbursement process requiring documented cost-per-passing and expenditure tracking. The 2027 construction start and 2029 completion timeline must be reconciled against the state's 24-month infrastructure deployment clock once construction begins, and Paulding Putnam must maintain quarterly address and speed-test reporting plus a letter of credit for the life of the award to avoid default risk flags.
Analysis by BeadComply Compliance Intelligence, grounded in the BEAD requirements registry.
Won a BEAD award in Indiana? See Indiana's program status and compliance requirements →
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