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Town of Anderson Awards Economic Development Agreement Contract to Perfecto Tool & Engineering (February 2025)

Town of Anderson
Disclosed value
$50,000 per job clawback
From meeting minutes
Approved
Feb 25, 2025

The 30-second brief

What it covers

Economic Development Agreement with Perfecto Tool and Engineering approved. The project takes a current brownfield site producing zero revenue and gets it back on the tax roll, producing 11-12M in real and personal property tax revenue over 20 years and 50 additional jobs.

Who holds it

Perfecto Tool & Engineering holds this economic development agreement contract with Town of Anderson. Its other public contracts on record include work for Housing Authority of the city of Anderson.

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Contract details

Contract type
Economic Development Agreement
Amount
$50,000 per job clawback
Document date
February 25, 2025
Term
NA
Vendor
Perfecto Tool & Engineering
Agency
Town of Anderson
Source document
town-of-anderson-meeting-minutes-2025-02-25_86e.pdf (Meeting Minutes)

Perfecto Tool & Engineering's other public contracts

Housing Authority of the city of Anderson, IndianaPerfecto Tool secured Tax increment revenue pledge · Feb 25, 2025UndisclosedHousing Authority of the city of Anderson, IndianaPerfecto Tool and Engineering expansion approved · Feb 25, 2025UndisclosedTown of Anderson, IndianaBonds Payment to Perfecto Tool and Engineering · Feb 25, 2025UndisclosedTown of Anderson, IndianaEconomic Development Agreement with Perfecto Tool · Feb 25, 2025UndisclosedHousing Authority of the city of Anderson, IndianaEconomic Development Agreement with Perfecto Tool & Engineering · Feb 25, 2025Undisclosed

More Town of Anderson contracts

Yardberry CompaniesWhite River Interceptor Bid Awarded to Yardberry Companies · Sep 21, 2026UndisclosedEcologic LLCWhite River Interceptor Mitigation Quote Awarded to EcoLogic · Sep 21, 2026UndisclosedEndress HauserAnderson Considers Endress Hauser Flow Meter Purchase · Sep 21, 2026UndisclosedEco Logic LLCMitigation Work Awarded to Eco Logic LLC · Sep 8, 2026UndisclosedEndress HauserFlow Meter Purchase Requested from Endress Hauser · Sep 8, 2026UndisclosedAll Town of Anderson activityAgency profile

Questions about this contract

Who was awarded the economic development agreement contract by Town of Anderson?

Perfecto Tool & Engineering was awarded this economic development agreement contract by Town of Anderson, as recorded on February 25, 2025. The contract value is $50,000 per job clawback.

How much is the Perfecto Tool & Engineering contract with Town of Anderson worth?

The Perfecto Tool & Engineering contract with Town of Anderson is valued at $50,000 per job clawback, covering economic development agreement work.

What type of contract is this?

This is a Economic Development Agreement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-anderson-meeting-minutes-2025-02-25_86e.pdf (Meeting Minutes), dated February 25, 2025 from Town of Anderson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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