Michigan Arts and Culture Council | State of Michigan Awards $125,000,000 Financial Services Contract to GOTION (March 2024)

Gotion secured a $125 million grant from the Michigan Strategic Fund for new development in Big Rapids, aiming to create over 2,000 jobs through the Critical Industry Program over 10 years.

Document date · March 12, 2024

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Scope & details

The full contract record, as filed.

Contract amount

$125,000,000

Contract type

FINANCIAL_SERVICES

Contract term

10.0 years

Renewal date

2032-10-05

Renewal

10-year economic assistance term commencing October 2022; program under active monitoring.

Document type

Report

Source document

michigan_leo_strategic_outreach_and_attraction_res.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Michigan Arts and Culture Council | State of Michigan?

GOTION was awarded this financial services contract by Michigan Arts and Culture Council | State of Michigan, as recorded on March 12, 2024. The contract value is $125,000,000.

How much is the GOTION contract with Michigan Arts and Culture Council | State of Michigan worth?

The GOTION contract with Michigan Arts and Culture Council | State of Michigan is valued at $125,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in michigan_leo_strategic_outreach_and_attraction_res.pdf (Report), dated March 12, 2024 from Michigan Arts and Culture Council | State of Michigan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does GOTION hold?

GOTION 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 GOTION's profile

What is Michigan Arts and Culture Council | State of Michigan currently buying?

Explore Michigan Arts and Culture Council | State of Michigan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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