CONTRACTAPPROVED

City of Hobbs Awards $300,000 Development Agreement Contract to Builders Build (February 2025)

Disclosed value: $300,000.00; From minutes
Approved: Feb 3, 2025

What it covers

Builders Build, LLC requests a Development Agreement concerning the development of single-family housing units located within the municipal boundaries. The developer proposes to produce market rate single-family units and is requesting infrastructure incentives of $300,000.00.

Who holds it

Builders Build holds this development agreement contract with City of Hobbs.

See who signed off on this $300K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type: Development Agreement
Amount: $300,000.00
Document date: February 3, 2025
Term: NA
Vendor: Builders Build
Agency: City of Hobbs
Source document: city-of-hobbs-commission-meeting-minutes-february-3-2025_2aa.pdf (Minutes)

Builders Build's other public contracts

City of Hobbs, New Mexicocity-of-hobbs-agenda-2025-02-03_f40.pdf · Feb 3, 2025Undisclosed City of Hobbs, New MexicoHobbs approves Development Agreement with Builders Build LLC · Feb 3, 2025Undisclosed City of Hobbs, New Mexico$300K Incentive Proposed for Single-Family Development · Feb 3, 2025$300K City of Hobbs, New MexicoHobbs City partners Builders Build LLC on Housing Project · Feb 3, 2025$300K All Builders Build contractsVendor profile

More City of Hobbs contracts

City of HobbsHobbs extends transportation project fund agreement with NMDOT · Dec 31, 2026Undisclosed Mobotrex LLCHobbs Considers MoboTrex Traffic Signal Purchase · Oct 4, 2026Undisclosed Model One Commercial Vehicles IncHobbs Approves Hobbs Express Bus Purchase · Oct 4, 2026Undisclosed Pland CollaborativeHobbs Approves Pland Collaborative Health Walk Design · Oct 4, 2026$175.3K Petsmart Charities IncHobbs Considers Adoption Program Agreement with Petsmart · Oct 4, 2026Undisclosed All City of Hobbs activityAgency profile

Questions about this contract

Who was awarded the development agreement contract by City of Hobbs?

Builders Build was awarded this development agreement contract by City of Hobbs, as recorded on February 3, 2025. The contract value is $300,000.00.

How much is the Builders Build contract with City of Hobbs worth?

The Builders Build contract with City of Hobbs is valued at $300,000.00, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-hobbs-commission-meeting-minutes-february-3-2025_2aa.pdf (Minutes), dated February 3, 2025 from City of Hobbs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Builders Build hold?

Builders Build 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 Hobbs currently buying?

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

Work in government? Get Civic IQ free →

More City of Hobbs contracts →Browse all agencies in New Mexico →