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$19.4M revenue expected from Rivian Agreement

City of Milpitas logoCity of Milpitas
Disclosed value
$19,400,000
From agenda
Document date
Aug 11, 2025
Term
8 year term

The 30-second brief

What it covers

Rivian's last-mile hub in Northern California has an Economic Development Incentive Agreement which is expected to net the City $19.4M over an 8-year term, averaging $2.42M annually. This collaboration aims to encourage economic growth and innovation.

Who holds it

RIVIAN holds this incentive agreement contract with City of Milpitas. Its other public contracts on record include work for City of Orland and City of San Dimas.

What happens next

Term as filed: 8 year term.

See who signed off on this $19.4M contract.

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Contract details

Contract type
Incentive Agreement
Amount
$19,400,000
Document date
August 11, 2025
Term
8 year term
Vendor
RIVIAN
Agency
City of Milpitas
Source document
city-of-milpitas-economic-development-trade-commission-agenda_fb7.pdf (Agenda)

RIVIAN's other public contracts

City of Orland, CaliforniaOrland Approves Rivian EV Charging Proposal · Sep 1, 2026UndisclosedCity of San Dimas, CaliforniaRivian Sales and Service Center Moves Forward · Aug 20, 2026UndisclosedTown of Scio, MichiganRivian Detail Engineering Item Consideration · Aug 11, 2026UndisclosedTown of Scio, MichiganRivian Detail Engineering Item Before Board · Aug 11, 2026UndisclosedTown of Scio, MichiganRivian Detail Engineering Item on Board Agenda · Aug 8, 2026UndisclosedAll RIVIAN contractsVendor profile

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Questions about this contract

Who was awarded the incentive agreement contract by City of Milpitas?

RIVIAN was awarded this incentive agreement contract by City of Milpitas, as recorded on August 11, 2025. The contract value is $19,400,000.

How much is the RIVIAN contract with City of Milpitas worth?

The RIVIAN contract with City of Milpitas is valued at $19,400,000, covering incentive agreement work.

What type of contract is this?

This is a Incentive Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-milpitas-economic-development-trade-commission-agenda_fb7.pdf (Agenda), dated August 11, 2025 from City of Milpitas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does RIVIAN hold?

RIVIAN 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 Milpitas currently buying?

Explore City of Milpitas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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