City of Marlborough Awards $25,000,000 Tax Increment Financing Contract to Global Life Sciences USA (November 2024)
City of MarlboroughCity · Marlborough, MA- Disclosed value
- $25,000,000
- From meeting minutes
- Approved
- Nov 4, 2024
- Term
- 10 years
The 30-second brief
Finance Committee recommends approval of the Tax Increment Financing (TIF) Agreement, to be amended by the City Solicitor, and the Resolution in support of the TIF as submitted. Vote 5-0.
Global Life Sciences USA holds this tax increment financing contract with City of Marlborough.
Term as filed: 10 years.
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Contract details
- Contract type
- Tax Increment Financing
- Amount
- $25,000,000
- Document date
- November 4, 2024
- Term
- 10 years
- Vendor
- Global Life Sciences USA
- Agency
- City of Marlborough
- Source document
- city-of-marlboroughmeeting-minutes2024-11-04_dbd.pdf (Meeting Minutes)
Global Life Sciences USA's other public contracts
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Questions about this contract
Who was awarded the tax increment financing contract by City of Marlborough?
Global Life Sciences USA was awarded this tax increment financing contract by City of Marlborough, as recorded on November 4, 2024. The contract value is $25,000,000.
How much is the Global Life Sciences USA contract with City of Marlborough worth?
The Global Life Sciences USA contract with City of Marlborough is valued at $25,000,000, covering tax increment financing work.
What type of contract is this?
This is a Tax Increment Financing contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-marlboroughmeeting-minutes2024-11-04_dbd.pdf (Meeting Minutes), dated November 4, 2024 from City of Marlborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Global Life Sciences USA hold?
Global Life Sciences USA 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 Marlborough currently buying?
Explore City of Marlborough's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.