EQUIPMENTAPPROVED

City of Pittsburg Awards Equipment Contract to Faysham Llc Dba Angus Grille (May 2024)

The Pittsburg Economic Development Corporation approved a $60,000 performance-based forgivable loan agreement with Faysham LLC dba Angus Grille for equipment, contingent on job creation, sales tax payments, and compliance documentation over eight quarters from January 2025 through December 2026.

Status
APPROVED
Document date
May 9, 2024
Contract type
EQUIPMENT
Vendor
Faysham Llc Dba Angus Grille
Agency
City of Pittsburg · TX

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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
$60,000 incentive for equipment in the form of a forgivable loan
Contract type
EQUIPMENT
Contract term
8 quarterly payments starting January 1, 2025, ending December 31, 2026
Renewal date
2026-12-31
Renewal
Forgivable loan; terms state that if more than two quarters are in default, remaining amount is due within 60 days. Payments forgiven if all metrics are met and documentation provided on time. No auto-renewal or extension clauses mentioned.
Document type
Minutes
Source document
city-of-pittsburg-edc-meeting-minutes-may-9-2024_837.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by City of Pittsburg?

Faysham Llc Dba Angus Grille was awarded this equipment contract by City of Pittsburg, as recorded on May 9, 2024. The contract value is $60,000 incentive for equipment in the form of a forgivable loan.

How much is the Faysham Llc Dba Angus Grille contract with City of Pittsburg worth?

The Faysham Llc Dba Angus Grille contract with City of Pittsburg is valued at $60,000 incentive for equipment in the form of a forgivable loan, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-pittsburg-edc-meeting-minutes-may-9-2024_837.pdf (Minutes), dated May 9, 2024 from City of Pittsburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Faysham Llc Dba Angus Grille hold?

Faysham Llc Dba Angus Grille 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 Faysham Llc Dba Angus Grille's profile

What is City of Pittsburg currently buying?

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

View City of Pittsburg's profile

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