City of Bend Awards Financial Services Contract to Lonza Bend Inc (August 2026)

The City of Bend and Lonza Bend Inc. executed an Oregon Enterprise Zone extended abatement agreement providing a ten-year property tax exemption on qualified capital investments beginning with the 2027 assessment year. In return, Lonza will pay a 15% School Support Fee in lieu of property taxes and maintain employee compensation at 150% of the county average wage throughout the exemption period.

Scope & details

The full contract record, as filed.

Contract amount

School Support Fee of 15% of property taxes in lieu, based on assessed qualified property

Contract type

FINANCIAL_SERVICES

Contract term

Ten consecutive years beginning with the assessment year starting January 1, 2027 (3-year standard exemption plus 7-year extended exemption)

Renewal date

2036-12-31

Renewal

Agreement sets a fixed ten-year exemption period (three-year standard plus seven-year extended) tied to continued eligibility and compliance with compensation and fee requirements under ORS 285C.160 and 285C.162. The agreement becomes null and void if the firm ceases to qualify for the three-year exemption; no automatic renewal provisions are stated.

Document type

Agreement

Source document

City of Bend Agreement for Oregon Enterprise Zone Extended Abatement 2027-01-01

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City of Bend Issue Summary Authorize an agreement between the City of Bend and Lonza Bend Inc. 2026-08-05

PENDING

City of Bend, OregonAug 2, 2026

City of Bend Agenda August 5, 2026

APPROVED

City of Bend, OregonAug 1, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Bend?

Lonza Bend Inc was awarded this financial services contract by City of Bend, as recorded on August 1, 2026. The contract value is School Support Fee of 15% of property taxes in lieu, based on assessed qualified property.

How much is the Lonza Bend Inc contract with City of Bend worth?

The Lonza Bend Inc contract with City of Bend is valued at School Support Fee of 15% of property taxes in lieu, based on assessed qualified property, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Bend Agreement for Oregon Enterprise Zone Extended Abatement 2027-01-01 (Agreement), dated August 1, 2026 from City of Bend. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lonza Bend Inc hold?

Lonza Bend Inc 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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