FINANCIAL_SERVICESONGOING

Campbell’s Soup tax incentive enters final year

Fayetteville is completing a seven‑year, $187,439 performance‑based tax grant incentive agreement with Campbell’s Soup in FY2027. The agreement reimburses 75% of new property taxes in exchange for creating 140 new jobs.

Status
ONGOING
Document date
June 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Campbell’s Soup
Agency
City of Fayetteville · NC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$187,439
Contract type
FINANCIAL_SERVICES
Contract term
Seven-year tax grant; FY2027 is final payment year
Renewal date
2027-06-30
Renewal
Performance-based tax grant with fixed seven-year term and job creation benchmarks; FY2027 is the last scheduled payment and no renewal terms are indicated.
Document type
Budget
Source document
Fayetteville Budget Chronicles FY2027 2026-06-30

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Fayetteville?

Campbell’s Soup was awarded this financial services contract by City of Fayetteville, as recorded on June 30, 2026. The contract value is $187,439.

How much is the Campbell’s Soup contract with City of Fayetteville worth?

The Campbell’s Soup contract with City of Fayetteville is valued at $187,439, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Fayetteville Budget Chronicles FY2027 2026-06-30 (Budget), dated June 30, 2026 from City of Fayetteville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Campbell’s Soup hold?

Campbell’s Soup 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 Campbell’s Soup's profile

What is City of Fayetteville currently buying?

Explore City of Fayetteville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Fayetteville's profile

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