CONTRACTAPPROVED

City of Oklahoma Awards Financial Services Contract to Arl Bio Pharma (August 2025)

City of Oklahoma logoCity of Oklahoma
Disclosed value
Not to exceed $600,000
From minutes
Approved
Aug 26, 2025

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THE 30-SECOND BRIEF

What it covers

The Oklahoma City Economic Development Trust and City Council approved a joint resolution allocating up to $600,000 in GOLT bond proceeds for job creation incentives for ARL Bio Pharma’s new medical research facility. The resolution authorizes staff to negotiate a performance-based Economic Development Agreement tied to approximately 400 new jobs over seven years and a $46.75 million capital investment.

Who holds it

Arl Bio Pharma holds this financial services contract with City of Oklahoma. Its other public contracts on record include work for Contra Costa County and unspecified agency.

What happens next

Term as filed: Up to seven (7) years of job creation performance.

Contract details

Contract type
Financial Services
Amount
Not to exceed $600,000
Document date
August 26, 2025
Term
Up to seven (7) years of job creation performance
Source document
oklahoma_city_economic_development_trust_minutes_a.pdf (Minutes)

Arl Bio Pharma's other public contracts

More City of Oklahoma contracts

Questions about this contract

Who was awarded the financial services contract by City of Oklahoma?

Arl Bio Pharma was awarded this financial services contract by City of Oklahoma, as recorded on August 26, 2025. The contract value is Not to exceed $600,000.

How much is the Arl Bio Pharma contract with City of Oklahoma worth?

The Arl Bio Pharma contract with City of Oklahoma is valued at Not to exceed $600,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in oklahoma_city_economic_development_trust_minutes_a.pdf (Minutes), dated August 26, 2025 from City of Oklahoma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Arl Bio Pharma hold?

Arl Bio Pharma 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 Oklahoma currently buying?

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

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