City of Concord city Awards Economic Development Grant Contract to Twg Gm Performance (June 2025)
City of Concord cityCity · Concord, NC- Disclosed value
- $140,000,000-$155,000,000
- From agenda
- Approved
- Jun 12, 2025
- Term
- 3 year
The 30-second brief
The City Council approved an economic development grant agreement with TWG GM Performance Power Units, LLC, involving an investment between $140 million and $155 million in real and personal property. The agreement consolidates two prior approvals from February 13, 2025, into a single grant, with no changes to the total investment or terms.
Twg Gm Performance holds this economic development grant contract with City of Concord city. Its other public contracts on record include work for Town of Concord and Housing Authority of the city of Concord.
Term as filed: 3 year.
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Contract details
- Contract type
- Economic Development Grant
- Amount
- $140,000,000-$155,000,000
- Document date
- June 12, 2025
- Term
- 3 year
- Vendor
- Twg Gm Performance
- Agency
- City of Concord city
- Source document
- city-of-concord-agenda-2025-06-12_45f.pdf (Agenda)
Twg Gm Performance's other public contracts
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Questions about this contract
Who was awarded the economic development grant contract by City of Concord city?
Twg Gm Performance was awarded this economic development grant contract by City of Concord city, as recorded on June 12, 2025. The contract value is $140,000,000-$155,000,000.
How much is the Twg Gm Performance contract with City of Concord city worth?
The Twg Gm Performance contract with City of Concord city is valued at $140,000,000-$155,000,000, covering economic development grant work.
What type of contract is this?
This is a Economic Development Grant contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-concord-agenda-2025-06-12_45f.pdf (Agenda), dated June 12, 2025 from City of Concord city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Twg Gm Performance hold?
Twg Gm Performance 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 Concord city currently buying?
Explore City of Concord city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.