CONTRACTPENDING

Tax Incentive for NuPower Fuel Cell Project

Disclosed value: $4,627,342.80; From agenda
Document date: Jul 1, 2024
Term: 20 years

What it covers

Bridgeport City Council is considering a tax incentive for NuPower Bridgeport FC LLC for a fuel cell installation project at 600 Iranistan Avenue. The project involves a $60 million investment and a 20-year power purchase agreement with UI.

Who holds it

430 John Street Realty holds this tax incentive contract with City of Bridgeport. Its other public contracts on record include work for Town of Bridgeport and Housing Authority of the city of Bridgeport.

What happens next

Term as filed: 20 years.

See who signed off on this $4.6M contract.

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Contract details

Contract type: Tax Incentive
Amount: $4,627,342.80
Document date: July 1, 2024
Term: 20 years
Vendor: 430 John Street Realty
Agency: City of Bridgeport
Source document: city-of-bridgeport-city-council-agenda-tax-incentives-grant-submissions-jul-1-2024_05f.pdf (Agenda)

430 John Street Realty's other public contracts

City of Bridgeport, OklahomaBridgeport Considers Tax Incentives for Historic Building Conversion · Jul 1, 2024Undisclosed City of Bridgeport, IllinoisTax Incentive for AT&T Building Restoration Project · Jul 1, 2024$1.8M Town of Bridgeport, Wisconsin430 John Street Realty LLC Tax Incentive · Jul 1, 2024$1.8M Housing Authority of the city of Bridgeport, Connecticut430 John Street Realty Eyes $1.7M Tax Deal · Jul 1, 2024$1.8M All 430 John Street Realty contractsVendor profile

More City of Bridgeport contracts

Connecticut Department of Energy & Environmental ProtectionGrant to fund park and conservation projects · Jul 7, 2025Undisclosed State of ConnecticutGrant for community gun violence prevention · Jul 7, 2025Undisclosed Connecticut State LibraryGrant for historic document preservation · Jul 7, 2025Undisclosed Southwestern Connecticut Agency on AgingGrant for senior recreation activities · Jul 7, 2025Undisclosed Lamar Central OutdoorLamar Central Outdoor billboard site lease authorization · Jun 16, 2025Undisclosed All City of Bridgeport activityAgency profile

Questions about this contract

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

430 John Street Realty was awarded this tax incentive contract by City of Bridgeport, as recorded on July 1, 2024. The contract value is $4,627,342.80.

How much is the 430 John Street Realty contract with City of Bridgeport worth?

The 430 John Street Realty contract with City of Bridgeport is valued at $4,627,342.80, covering tax incentive work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-bridgeport-city-council-agenda-tax-incentives-grant-submissions-jul-1-2024_05f.pdf (Agenda), dated July 1, 2024 from City of Bridgeport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 430 John Street Realty hold?

430 John Street Realty 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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