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Volkswagen Tax Abatement Agreement Runs to 2030

Brazosport College logoBrazosport College
Disclosed value
Beginning value $28,500,000; ending value $12,540,000
From report
Document date
Jan 31, 2025
Renews
Free account

The 30-second brief

What it covers

Brazosport College entered a tax abatement agreement with Volkswagen effective 2024–2030, reporting 2025 taxable values from $28.5 million down to $12.54 million. The abatement offers property tax relief to encourage the company’s local operations.

Who holds it

VOLKSWAGEN holds this financial services contract with Brazosport College. Its other public contracts on record include work for Willowbrook village and City of Chattanooga.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Brazosport College contract.

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Contract details

Contract type
Financial Services
Amount
Beginning value $28,500,000; ending value $12,540,000
Document date
January 31, 2025
Term
Approved 08/01/2022; abatement period 2024–2030
Renews
Free account
Vendor
VOLKSWAGEN
Agency
Brazosport College
Source document
brazosport-college-financial-statement-capital-budget-tax-abatements-jan-2025_a55.pdf (Report)

VOLKSWAGEN's other public contracts

Willowbrook village, IllinoisPolice Department to Purchase Used Vehicle · Jun 8, 2026City of Chattanooga, TennesseeOption Extension Agreement for Volkswagen Property · Jun 2, 2026UndisclosedCity of Chattanooga, TennesseeCity extends property option agreement with Volkswagen · Jun 2, 2026UndisclosedCity of Chattanooga, TennesseeCity Extends Option on Volkswagen Property · Jun 2, 2026UndisclosedWashington County School District, TennesseeDistrict Administers $309K VW Vehicle Grant · Apr 1, 2026$309.2KAll VOLKSWAGEN contractsVendor profile

More Brazosport College contracts

Bernstein Global Wealth ManagementBrazosport Awards Financial Services RFP to Bernstein · Aug 17, 2026UndisclosedEstrada HinojosaBrazosport Awards Bond Advisor Contract to Estrada Hinojosa · Aug 17, 2026UndisclosedDATAVOXBrazosport Approves $587,469 AV Upgrade Purchase · Aug 17, 2026$587.5KBERNSTEINBrazosport Accepts Annual Evaluation of Bernstein Advisor · Aug 17, 2026UndisclosedMotion Media CoBrazosport Awards Video Production Contract to Motion Media · Aug 17, 2026All Brazosport College activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Brazosport College?

VOLKSWAGEN was awarded this financial services contract by Brazosport College, as recorded on January 31, 2025. The contract value is Beginning value $28,500,000; ending value $12,540,000.

How much is the VOLKSWAGEN contract with Brazosport College worth?

The VOLKSWAGEN contract with Brazosport College is valued at Beginning value $28,500,000; ending value $12,540,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in brazosport-college-financial-statement-capital-budget-tax-abatements-jan-2025_a55.pdf (Report), dated January 31, 2025 from Brazosport College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VOLKSWAGEN hold?

VOLKSWAGEN 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 Brazosport College currently buying?

Explore Brazosport College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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