Town of Fairfield Awards Financial Services Contract to Schneider Electric USA Inc (December 2024)
Town of FairfieldCity · OH- Disclosed value
- Annual grant (up to 36% of new municipal income tax collected from new payroll, projected $13,195 (2026) to $40,801 (2033); total up to $280,295 over 8 years)
- From agenda
- Awarded
- Dec 9, 2024
- Term
- January 1, 2026 – December 31, 2033
- Renews
- Free account
The 30-second brief
The City of Fairfield approved a Job Creation Incentive Grant agreement with Schneider Electric USA, Inc. to support $25M in new facility investments and create at least 100 new full-time jobs. The city will provide an annual incentive grant up to 36% of new municipal income tax collected from new payroll for eight years starting January 2026.
Schneider Electric USA Inc holds this financial services contract with Town of Fairfield. Its other public contracts on record include work for City of Conroe and Grand River Dam Authority | State of Oklahoma.
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Contract details
- Contract type
- Financial Services
- Amount
- Annual grant (up to 36% of new municipal income tax collected from new payroll, projected $13,195 (2026) to $40,801 (2033); total up to $280,295 over 8 years)
- Document date
- December 9, 2024
- Term
- January 1, 2026 – December 31, 2033
- Renews
- On record
- Agency
- Town of Fairfield
- Source document
- City of Fairfield City Council Regular Meeting Agenda December 9 2024 (Agenda)
Schneider Electric USA Inc's other public contracts
More Town of Fairfield contracts
Questions about this contract
Who was awarded the financial services contract by Town of Fairfield?
Schneider Electric USA Inc was awarded this financial services contract by Town of Fairfield, as recorded on December 9, 2024. The contract value is Annual grant (up to 36% of new municipal income tax collected from new payroll, projected $13,195 (2026) to $40,801 (2033); total up to $280,295 over 8 years).
How much is the Schneider Electric USA Inc contract with Town of Fairfield worth?
The Schneider Electric USA Inc contract with Town of Fairfield is valued at Annual grant (up to 36% of new municipal income tax collected from new payroll, projected $13,195 (2026) to $40,801 (2033); total up to $280,295 over 8 years), 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 City of Fairfield City Council Regular Meeting Agenda December 9 2024 (Agenda), dated December 9, 2024 from Town of Fairfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Schneider Electric USA Inc hold?
Schneider Electric USA Inc 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 Town of Fairfield currently buying?
Explore Town of Fairfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.