OTHERAWARDED

Wells Fargo Funds STC Wells Fargo Homebuilding Lab

Wells Fargo awarded a $2 million grant to Southeast Technical College to build the Wells Fargo Homebuilding Lab, scheduled to open in spring 2027. The new facility will give students hands-on construction experience while supporting affordable housing in Sioux Falls.

Status
AWARDED
Document date
May 1, 2026
Contract type
OTHER
Vendor
Wells Fargo
Agency
Lake Area Technical College · SD

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$2 million
Contract type
OTHER
Contract term
Grant supporting construction of Wells Fargo Homebuilding Lab, facility set to open spring 2027
Renewal
Capital grant for facility construction; no renewal provisions mentioned.
Document type
Report
Source document
South Dakota Board of Technical Education Report May 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Lake Area Technical College?

Wells Fargo was awarded this government contract by Lake Area Technical College, as recorded on May 1, 2026. The contract value is $2 million.

How much is the Wells Fargo contract with Lake Area Technical College worth?

The Wells Fargo contract with Lake Area Technical College is valued at $2 million.

What type of contract is this?

This is a government contract, documented as a report record.

Where was this contract approved?

This contract appears in South Dakota Board of Technical Education Report May 2026 (Report), dated May 1, 2026 from Lake Area Technical College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wells Fargo hold?

Wells Fargo may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Lake Area Technical College currently buying?

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

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