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Fuel Cell Project Planned for Central Avenue

City of Bridgeport
Disclosed value
$15,000,000
From agenda
Document date
Oct 16, 2023
Term
20 years

The 30-second brief

What it covers

VFS LLC will invest $15 million in a fuel cell development project at 1225 Central Avenue. The project will generate renewable energy and provide tax payments to the city totaling $1.5 million over 20 years.

Who holds it

VFS holds this tax incentive development agreement contract with City of Bridgeport. Its other public contracts on record include work for Martin County School District and Town of Sharon.

What happens next

Term as filed: 20 years.

See who signed off on this $15M contract.

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Contract details

Contract type
Tax Incentive Development Agreement
Amount
$15,000,000
Document date
October 16, 2023
Term
20 years
Vendor
VFS
Agency
City of Bridgeport
Source document
city-of-bridgeport-city-council-agenda-fuel-cell-project-affordable-housing-plan-oct-16-2023_466.pdf (Agenda)

VFS's other public contracts

Martin County School District, KentuckyJensen Beach High School Classroom Conversion for $56,104.80 · Mar 25, 2025$56.1KTown of Sharon, MassachusettsVFS continues senior support services in Sharon · Apr 29, 2024UndisclosedTown of Sharon, New YorkVFS Supports Seniors through Various Services · Apr 29, 2024UndisclosedCastella Fire Protection District, CaliforniaVFS Preparing Updated Multi-Peril Insurance Policy · Apr 2, 2024UndisclosedCity of Bridgeport, Connecticutcity-of-bridgeport-agenda-2023-11-06_39f.pdf · Nov 6, 2023$15MAll VFS contractsVendor profile

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Questions about this contract

Who was awarded the tax incentive development agreement contract by City of Bridgeport?

VFS was awarded this tax incentive development agreement contract by City of Bridgeport, as recorded on October 16, 2023. The contract value is $15,000,000.

How much is the VFS contract with City of Bridgeport worth?

The VFS contract with City of Bridgeport is valued at $15,000,000, covering tax incentive development agreement work.

What type of contract is this?

This is a Tax Incentive Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-bridgeport-city-council-agenda-fuel-cell-project-affordable-housing-plan-oct-16-2023_466.pdf (Agenda), dated October 16, 2023 from City of Bridgeport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VFS hold?

VFS 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 Bridgeport currently buying?

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

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