FINANCIAL_SERVICESAPPROVED

Town of China Grove Awards $1,471,306 Financial Services Contract to MACY’S (August 2026)

China Grove authorized a $1,471,305.77 FY26 economic development incentive payment to Macy’s under an existing multi-year incentive agreement. The payment is based on 2025 tax year values and Macy’s certified employment of 621 employees, exceeding the required 188 positions.

Status
APPROVED
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
MACY’S
Agency
Town of China Grove · NC

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,471,305.77
Contract type
FINANCIAL_SERVICES
Contract term
FY26 incentive payment based on 2025 tax year
Renewal
This is the third year of an ongoing economic development incentive agreement with Macy’s; total term and remaining years were not specified.
Document type
Agenda
Source document
Town of China Grove Agenda 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of China Grove?

MACY’S was awarded this financial services contract by Town of China Grove, as recorded on August 4, 2026. The contract value is $1,471,305.77.

How much is the MACY’S contract with Town of China Grove worth?

The MACY’S contract with Town of China Grove is valued at $1,471,305.77, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of China Grove Agenda 2026-08-04 (Agenda), dated August 4, 2026 from Town of China Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MACY’S hold?

MACY’S may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View MACY’S's profile

What is Town of China Grove currently buying?

Explore Town of China Grove's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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