CONTRACTAPPROVED

Town of Concord Awards Economic Development Grant Contract to Twg Gm Performance (June 2025)

Town of Concord
Disclosed value
$140,000,000-$155,000,000
From agenda
Approved
Jun 12, 2025
Term
3 year

The 30-second brief

What it covers

TWG GM Performance Power Units, LLC receives tax-based economic development grant for project located at 7455 Valor Place NW, and 4540 Fortune Avenue NW, Concord, NC 28027, further identified as PIN#'s 4598-39-0082 and 5601-84-4740, having an investment of approximately $140,000,000-$155,000,000 in real and personal property.

Who holds it

Twg Gm Performance holds this economic development grant contract with Town of Concord. Its other public contracts on record include work for Housing Authority of the city of Concord.

What happens next

Term as filed: 3 year.

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Contract details

Contract type
Economic Development Grant
Amount
$140,000,000-$155,000,000
Document date
June 12, 2025
Term
3 year
Source document
town-of-concordagenda2025-06-12_792.pdf (Agenda)

Twg Gm Performance's other public contracts

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Questions about this contract

Who was awarded the economic development grant contract by Town of Concord?

Twg Gm Performance was awarded this economic development grant contract by Town of Concord, as recorded on June 12, 2025. The contract value is $140,000,000-$155,000,000.

How much is the Twg Gm Performance contract with Town of Concord worth?

The Twg Gm Performance contract with Town of Concord is valued at $140,000,000-$155,000,000, covering economic development grant work.

What type of contract is this?

This is a Economic Development Grant contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-concordagenda2025-06-12_792.pdf (Agenda), dated June 12, 2025 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Twg Gm Performance hold?

Twg Gm Performance 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 Town of Concord currently buying?

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

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