OTHERAPPROVED

$300,000 Economic Incentive Approved for Office Equity Solutions

Justin EDC and CDC Boards approved a $300,000 performance/incentive agreement with Office Equity Solutions for the Justin Town Square project to construct infrastructure and expand restaurant space, contingent on performance milestones over up to nine years.

Document date · May 16, 2024

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$300,000 ($150,000 EDC + $150,000 CDC, split over two fiscal years)
Contract type
OTHER
Contract term
Effective Date 2024; Performance period until July 1, 2033, with two-year extension possible
Renewal date
2033-07-01
Renewal
Includes up to two-year extension if certain construction and leased square footage milestones are met by July 1, 2033; total term can extend to July 1, 2035 if extended.
Document type
Agenda
Source document
Economic Development Corporation Agenda May 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Justin?

Office Equity Solutions was awarded this government contract by City of Justin, as recorded on May 16, 2024. The contract value is $300,000 ($150,000 EDC + $150,000 CDC, split over two fiscal years).

How much is the Office Equity Solutions contract with City of Justin worth?

The Office Equity Solutions contract with City of Justin is valued at $300,000 ($150,000 EDC + $150,000 CDC, split over two fiscal years).

What type of contract is this?

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

Where was this contract approved?

This contract appears in Economic Development Corporation Agenda May 2024 (Agenda), dated May 16, 2024 from City of Justin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Office Equity Solutions hold?

Office Equity Solutions may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Office Equity Solutions's profile

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