CONTRACTONGOING

ProvPort, Inc Tax Exemption Plan Ongoing

City of Providence logoCity of Providence
Disclosed value
$500,000
From agenda
Document date
May 7, 2025
Term
Ongoing

The 30-second brief

What it covers

The In-Lieu Payment shall be the sum of the Revenue Sharing Payment plus annual payments of 1% of Revenues (with a minimum payment of $120,000) due to the Community Benefits Reserve Account and 1% of Revenues (with a minimum payment of $120,000) due to the Sustainability Projects Reserve Account

Who holds it

PROVPORT holds this tax exemption contract with City of Providence.

What happens next

Term as filed: Ongoing.

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Contract details

Contract type
Tax Exemption
Amount
$500,000
Document date
May 7, 2025
Term
Ongoing
Vendor
PROVPORT
Source document
city-of-providence-board-of-park-commissioners-meeting-agenda-may-7-2025_fa4.pdf (Agenda)

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Questions about this contract

Who was awarded the tax exemption contract by City of Providence?

PROVPORT was awarded this tax exemption contract by City of Providence, as recorded on May 7, 2025. The contract value is $500,000.

How much is the PROVPORT contract with City of Providence worth?

The PROVPORT contract with City of Providence is valued at $500,000, covering tax exemption work.

What type of contract is this?

This is a Tax Exemption contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-providence-board-of-park-commissioners-meeting-agenda-may-7-2025_fa4.pdf (Agenda), dated May 7, 2025 from City of Providence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PROVPORT hold?

PROVPORT 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 Providence currently buying?

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

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