ODC Weighs Incentive Agreement With Team Refurb

The Odessa Development Corporation is considering approval of a performance agreement with Team Refurb & Support, LLC to provide up to $2,880,873.22 in reimbursement-based incentives over five years. The agreement supports at least $5,000,001.00 in facility renovations and the retention and creation of 71 full-time or equivalent jobs in Ector County.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $2,880,873.22

Contract type

OTHER

Contract term

Five (5) years; reimbursement basis over term once compliance verified

Renewal

Performance-based incentive agreement paid over five years; payments contingent on verified compliance with capital investment and employment obligations and subject to prior City Council approval.

Document type

AgendaPacket

Source document

Odessa Development Corporation Agenda Packet 2026-07-09

Related contracts

Other contracts from Team Refurb & Support Llc.

View all →

Odessa Development Corporation Agenda Packet 2026-06-11

APPROVED

City of Odessa city, TexasNot to exceed $2,880,873.22Jun 11, 2026

City of Odessa Development Corporation Minutes April 9, 2026

APPROVED

City of Odessa city, Texas$2,880,873.22Apr 9, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Odessa?

Team Refurb & Support Llc was awarded this government contract by City of Odessa, as recorded on July 9, 2026. The contract value is Not to exceed $2,880,873.22.

How much is the Team Refurb & Support Llc contract with City of Odessa worth?

The Team Refurb & Support Llc contract with City of Odessa is valued at Not to exceed $2,880,873.22.

What type of contract is this?

This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Odessa Development Corporation Agenda Packet 2026-07-09 (AgendaPacket), dated July 9, 2026 from City of Odessa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Team Refurb & Support Llc hold?

Team Refurb & Support Llc 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 Team Refurb & Support Llc's profile

What is City of Odessa currently buying?

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

View City of Odessa's profile