Amgen Receives BIG Incentive for Facility Investment
Town of Holly SpringsCity · Holly Springs, NC- Disclosed value
- Phase I: 50% reimbursement over property’s FY21-22 valuation (max $9.5M, 8 years); Phase II: 50% reimbursement (max $11,490,490 over 6 years)
- From budget
- Document date
- May 13, 2025
- Renews
- Free account
The 30-second brief
Amgen secured two BIG agreements with the Town of Holly Springs, entitling the company to phased property tax reimbursements for major facility investment and job creation, up to $9.5M (Phase I) and $11.49M (Phase II). Terms run 8 and 6 years respectively, commencing no later than FY26.
AMGEN holds this financial services contract with Town of Holly Springs. Its other public contracts on record include work for Conejo Academy of Leadership and Language Immersion and University Of Wisconsin-System Administration.
The renewal date is on record. A free account shows it, with the renewals for every Town of Holly Springs contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Phase I: 50% reimbursement over property’s FY21-22 valuation (max $9.5M, 8 years); Phase II: 50% reimbursement (max $11,490,490 over 6 years)
- Document date
- May 13, 2025
- Term
- Phase I: 8 years starting no later than FY26; Phase II: 6 years
- Renews
- Free account
- Vendor
- AMGEN
- Agency
- Town of Holly Springs
- Source document
- town-of-holly-springs-fy2025-2026-annual-operating-budget-community-investment-plan_d38.pdf (Budget)
AMGEN's other public contracts
More Town of Holly Springs contracts
Questions about this contract
Who was awarded the financial services contract by Town of Holly Springs?
AMGEN was awarded this financial services contract by Town of Holly Springs, as recorded on May 13, 2025. The contract value is Phase I: 50% reimbursement over property’s FY21-22 valuation (max $9.5M, 8 years); Phase II: 50% reimbursement (max $11,490,490 over 6 years).
How much is the AMGEN contract with Town of Holly Springs worth?
The AMGEN contract with Town of Holly Springs is valued at Phase I: 50% reimbursement over property’s FY21-22 valuation (max $9.5M, 8 years); Phase II: 50% reimbursement (max $11,490,490 over 6 years), 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 town-of-holly-springs-fy2025-2026-annual-operating-budget-community-investment-plan_d38.pdf (Budget), dated May 13, 2025 from Town of Holly Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does AMGEN hold?
AMGEN 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 Holly Springs currently buying?
Explore Town of Holly Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.