CONTRACTPENDING

Old Dominion Freight Receives Tax Incentive Grant

Disclosed value: $73,440; From agenda
Document date: May 11, 2023
Term: 1 year

What it covers

Concord approves one-year, 85% tax-based economic development incentive grant to Old Dominion Freight, Inc. for locating at 2980 New Town Way SW, investing $18 million and creating 100 jobs.

Who holds it

Old Dominion Freight holds this economic development incentive grant contract with Town of Concord. Its other public contracts on record include work for City of Ankeny and Town of Robinson.

What happens next

Term as filed: 1 year.

See who signed off on this $73.4K contract.

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Contract details

Contract type: Economic Development Incentive Grant
Amount: $73,440
Document date: May 11, 2023
Term: 1 year
Vendor: Old Dominion Freight
Agency: Town of Concord
Source document: town-of-concord-city-council-agenda-may-11-2023_36a.pdf (Agenda)

Old Dominion Freight's other public contracts

City of Ankeny, IowaOld Dominion expansion gets stormwater agreement approval · Aug 18, 2025Undisclosed City of Ankeny, IowaOld Dominion's Storm Water Easement Agreement Approved · Aug 18, 2025Undisclosed City of Ankeny, IowaFreight Line Expansion Project · Aug 5, 2025Undisclosed Town of Robinson, PennsylvaniaLand Development approval for Old Dominion Freight Line · Jul 8, 2025Undisclosed City of Ankeny, IowaAnkeny & Old Dominion Freight Line Agreement on Improvements · Mar 17, 2025Undisclosed All Old Dominion Freight contractsVendor profile

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Questions about this contract

Who was awarded the economic development incentive grant contract by Town of Concord?

Old Dominion Freight was awarded this economic development incentive grant contract by Town of Concord, as recorded on May 11, 2023. The contract value is $73,440.

How much is the Old Dominion Freight contract with Town of Concord worth?

The Old Dominion Freight contract with Town of Concord is valued at $73,440, covering economic development incentive grant work.

What type of contract is this?

This is a Economic Development Incentive Grant contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-concord-city-council-agenda-may-11-2023_36a.pdf (Agenda), dated May 11, 2023 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Old Dominion Freight hold?

Old Dominion Freight 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 Concord currently buying?

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

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