City Weighs Release Of Oakmont Performance Deal
City of BristolCity · Bristol, VA- Document date
- May 28, 2019
The 30-second brief
The City of Bristol Virginia is considering releasing Oakmont, LLC from its performance agreement for the assisted living facility at 401 Gordon Avenue. The agreement required specific capital investment, employment, and tax revenue metrics, as well as continued operation through May 2021. Staff has verified compliance with all requirements except the remaining term and recommends approval of the release as a good-faith gesture.
Oakmont LLC holds this contract with City of Bristol. Its other public contracts on record include work for City of Richmond Hill.
Term as filed: November 2014 – May 2021 (5-year agreement).
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Contract details
- Document date
- May 28, 2019
- Term
- November 2014 – May 2021 (5-year agreement)
- Vendor
- Oakmont LLC
- Agency
- City of Bristol
- Source document
- bristol_virginia_city_council_regular_agenda_may_2.pdf (Agenda)
Oakmont LLC's other public contracts
More City of Bristol contracts
Questions about this contract
Who was awarded the government contract by City of Bristol?
Oakmont LLC was awarded this government contract by City of Bristol, as recorded on May 28, 2019.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in bristol_virginia_city_council_regular_agenda_may_2.pdf (Agenda), dated May 28, 2019 from City of Bristol. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Oakmont LLC hold?
Oakmont LLC 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 City of Bristol currently buying?
Explore City of Bristol's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.