BBI Logistics, LLC to receive Tax Credit
City of ColumbusCity · OH- Disclosed value
- $56,527,136 million
- From minutes
- Document date
- Jul 18, 2022
- Term
- 10 years
The 30-second brief
BBI Logistics, LLC will receive a 65% Job Creation Tax Credit Agreement for a period of ten (10) consecutive years in consideration of the company's total proposed capital investment of approximately $56,527,136 million, retention of 175 full-time position with an annual payroll of approximately $12,867,400.00 and the proposed creation of approximately 953 net new full-time permanent positions with an annual payroll of approximately $80,577,408.00 over the full ten (10) year of the term of the incentive.
Bbi Logistics holds this tax credit agreement contract with City of Columbus. Its other public contracts on record include work for City of Columbus city and City of Columbus Junction.
Term as filed: 10 years.
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Contract details
- Contract type
- Tax Credit Agreement
- Amount
- $56,527,136 million
- Document date
- July 18, 2022
- Term
- 10 years
- Vendor
- Bbi Logistics
- Agency
- City of Columbus
- Source document
- columbus_city_council_minutes_final_july_18_2022.pdf (Minutes)
Bbi Logistics's other public contracts
More City of Columbus contracts
Questions about this contract
Who was awarded the tax credit agreement contract by City of Columbus?
Bbi Logistics was awarded this tax credit agreement contract by City of Columbus, as recorded on July 18, 2022. The contract value is $56,527,136 million.
How much is the Bbi Logistics contract with City of Columbus worth?
The Bbi Logistics contract with City of Columbus is valued at $56,527,136 million, covering tax credit agreement work.
What type of contract is this?
This is a Tax Credit Agreement contract, documented as a minutes record.
Where was this contract approved?
This contract appears in columbus_city_council_minutes_final_july_18_2022.pdf (Minutes), dated July 18, 2022 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bbi Logistics hold?
Bbi Logistics may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Columbus currently buying?
Explore City of Columbus's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.