Burr village Awards Financial Services Contract to Oremus Materials (March 2019)
- Disclosed value
- 50% sales tax rebate over five years; projected $1,000,000 rebate on $2,000,000 sales tax
- From agenda
- Approved
- Mar 25, 2019
The 30-second brief
Burr Ridge approved a five‑year sales tax rebate agreement with Oremus Materials, granting a 50% rebate projected at $1 million on an estimated $2 million in sales tax, to attract a high‑revenue sales office to the Village.
Oremus Materials holds this financial services contract with Burr village. Its other public contracts on record include work for McCook village and Marana Unified District.
Term as filed: Five years of 50% sales tax rebate, after which the Village retains 100% of sales tax.
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Contract details
- Contract type
- Financial Services
- Amount
- 50% sales tax rebate over five years; projected $1,000,000 rebate on $2,000,000 sales tax
- Document date
- March 25, 2019
- Term
- Five years of 50% sales tax rebate, after which the Village retains 100% of sales tax
- Vendor
- Oremus Materials
- Agency
- Burr village
- Source document
- burr-village-board-meeting-agenda-march-25-2019_580.pdf (Agenda)
Oremus Materials's other public contracts
More Burr village contracts
Questions about this contract
Who was awarded the financial services contract by Burr village?
Oremus Materials was awarded this financial services contract by Burr village, as recorded on March 25, 2019. The contract value is 50% sales tax rebate over five years; projected $1,000,000 rebate on $2,000,000 sales tax.
How much is the Oremus Materials contract with Burr village worth?
The Oremus Materials contract with Burr village is valued at 50% sales tax rebate over five years; projected $1,000,000 rebate on $2,000,000 sales tax, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in burr-village-board-meeting-agenda-march-25-2019_580.pdf (Agenda), dated March 25, 2019 from Burr village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Oremus Materials hold?
Oremus Materials 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 Burr village currently buying?
Explore Burr village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.