Hobbs partners with Stuard LLC for Housing Development
City of HobbsCity · Hobbs, NM- Disclosed value
- $300,000
- From contract
- Document date
- Mar 17, 2025
- Term
- 365 days
The 30-second brief
The City of Hobbs has entered into a development agreement with Stuard Development LLC to deliver single-family market-rate housing within 365 days, with a total compensation not exceeding $300,000. The agreement includes incentives for infrastructure installation based on square footage and per-unit basis.
Stuard Development holds this development agreement contract with City of Hobbs.
Term as filed: 365 days.
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Contract details
- Contract type
- Development Agreement
- Amount
- $300,000
- Document date
- March 17, 2025
- Term
- 365 days
- Vendor
- Stuard Development
- Agency
- City of Hobbs
- Source document
- city-of-hobbs-development-agreement-march-17-2025_cb6.pdf (Contract)
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Questions about this contract
Who was awarded the development agreement contract by City of Hobbs?
Stuard Development was awarded this development agreement contract by City of Hobbs, as recorded on March 17, 2025. The contract value is $300,000.
How much is the Stuard Development contract with City of Hobbs worth?
The Stuard Development contract with City of Hobbs is valued at $300,000, covering development agreement work.
What type of contract is this?
This is a Development Agreement contract, documented as a contract record.
Where was this contract approved?
This contract appears in city-of-hobbs-development-agreement-march-17-2025_cb6.pdf (Contract), dated March 17, 2025 from City of Hobbs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Stuard Development hold?
Stuard Development 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 Hobbs currently buying?
Explore City of Hobbs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.