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Economic development grant consideration

City of Concord city
Document date
Jun 12, 2025
Term
3 year

The 30-second brief

What it covers

City considers economic development grant for TWG GM Performance Power Units to develop project located at 7455 Valor Place NW, and 4540 Fortune Avenue NW, Concord, NC 28027, with investment of approximately $140,000,000-$155,000,000 in real and personal property.

Who holds it

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.

What happens next

Term as filed: 3 year.

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Contract details

Contract type
Economic Development Grant
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_a0a.pdf (Agenda)

Twg Gm Performance's other public contracts

Town of Concord, OhioTWG GM Power Units-Tax Grant Agreement Consideration · Jun 12, 2025UndisclosedTown of Concord, OhioPotential $155M Investment with Tax Grant for TWG · Jun 12, 2025UndisclosedTown of Concord, OhioTax-based grant approved for Performance Power Units · Jun 12, 2025Housing Authority of the city of Concord, North CarolinaPotential Tax Grant for TWG GM Power Units · Jun 12, 2025UndisclosedTown of Concord, NebraskaTax Break to GM Power Units, millions · Jun 12, 2025UndisclosedAll Twg Gm Performance contractsVendor profile

More City of Concord city contracts

Rocky River Apartments LLCConcord Approves Rocky River Stormwater Agreement · Sep 10, 2026UndisclosedMusgrave Charlotte Realty Partners LLCConcord Approves Musgrave Stormwater Easement Agreement · Sep 10, 2026UndisclosedWesco Distribution IncWESCO Transformer Purchase Recommended for Concord Inventory · Sep 10, 2026$126.2KWesco Distribution IncConcord Buys Transformers From WESCO for Inventory · Sep 10, 2026$126.2KMusgrave Charlotte Realty Partners LLCStormwater Maintenance Agreement Recommended with Musgrave · Sep 10, 2026UndisclosedAll City of Concord city activityAgency profile

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.

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_a0a.pdf (Agenda), dated June 12, 2025 from City of Concord city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

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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.

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