CONTRACTAPPROVED

City of Oak Ridge Awards $2,000,000 Financial Services Contract to Tennessee Department of Economic and Community Development (March 2026)

Disclosed value: $2,000,000; From agenda
Approved: Mar 2, 2026

What it covers

The Oak Ridge IDB approved the application and acceptance of a $2 million economic development grant from TNECD to support R-50, LLC's microreactor project at Heritage Center.

Who holds it

Tennessee Department of Economic and Community Development holds this financial services contract with City of Oak Ridge. Its other public contracts on record include work for Nashville-Davidson metropolitan government (balance) and City of Jefferson.

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Contract details

Contract type: Financial Services
Amount: $2,000,000
Document date: March 2, 2026
Vendor: Tennessee Department of Economic and Community Development
Agency: City of Oak Ridge
Source document: Oak Ridge Industrial Development Board Meeting Agenda March 2026 (Agenda)

Tennessee Department of Economic and Community Development's other public contracts

Nashville-Davidson metropolitan government (balance), TennesseeDigital Skills Grant Amended · Sep 14, 2026Undisclosed City of Jefferson, TennesseeState Awards Downtown Facade Improvement Grant · Feb 23, 2026Undisclosed City of Red Bank, Tennessee$15,000 grant awarded for Tennessee Downtowns program participation · Feb 3, 2026$15K City of Crossville, Tennessee$300,000 Downtown Improvement Grant Contract Approved · Jan 13, 2026$300K City of Crossville, TennesseeCity Set to Receive $300K Downtown Façade Grant · Jan 6, 2026$300K All Tennessee Department of Economic and Community Development contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Oak Ridge?

Tennessee Department of Economic and Community Development was awarded this financial services contract by City of Oak Ridge, as recorded on March 2, 2026. The contract value is $2,000,000.

How much is the Tennessee Department of Economic and Community Development contract with City of Oak Ridge worth?

The Tennessee Department of Economic and Community Development contract with City of Oak Ridge is valued at $2,000,000, 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 Oak Ridge Industrial Development Board Meeting Agenda March 2026 (Agenda), dated March 2, 2026 from City of Oak Ridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Tennessee Department of Economic and Community Development hold?

Tennessee Department of Economic and Community 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 Oak Ridge currently buying?

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

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