CONTRACTONGOING

AEDC Projects Three-Year First Rate Incentive

Arlington Economic Development Corporation Board logoArlington Economic Development Corporation Board
Disclosed value
$1,500,000
From agendapacket
Document date
Aug 20, 2024
Term
3 years

The 30-second brief

What it covers

AEDC’s pro forma includes a $1.5 million incentive commitment for First Rate. The agreement provides for $500,000 annual payments over three years.

Who holds it

First Rate holds this contract with Arlington Economic Development Corporation Board. Its other public contracts on record include work for Town of Chancellor and Canton Housing & Redevopment Commission.

What happens next

Term as filed: 3 years.

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Contract details

Amount
$1,500,000
Document date
August 20, 2024
Term
3 years
Source document
Arlington Economic Development Corporation AgendaPacket Board of Directors Meeting 2024-08-20 (AgendaPacket)

First Rate's other public contracts

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Questions about this contract

Who was awarded the government contract by Arlington Economic Development Corporation Board?

First Rate was awarded this government contract by Arlington Economic Development Corporation Board, as recorded on August 20, 2024. The contract value is $1,500,000.

How much is the First Rate contract with Arlington Economic Development Corporation Board worth?

The First Rate contract with Arlington Economic Development Corporation Board is valued at $1,500,000.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Arlington Economic Development Corporation AgendaPacket Board of Directors Meeting 2024-08-20 (AgendaPacket), dated August 20, 2024 from Arlington Economic Development Corporation Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Rate hold?

First Rate 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 Arlington Economic Development Corporation Board currently buying?

Explore Arlington Economic Development Corporation Board's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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