FINANCIAL_SERVICESAPPROVED

City of Burlington city Awards Financial Services Contract to Low Daily Brewery (May 2020)

The City of Burlington approved a Revolving Loan Fund package for Low Daily Brewery, including a $15,000 grant and a $100,000 loan for a total not-to-exceed $115,000. The financing supports local business development.

Document date · May 5, 2020

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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
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Scope & details

The full contract record, as filed.

Contract amount
Grant: $15,000; Loan: $100,000; total not-to-exceed $115,000
Contract type
FINANCIAL_SERVICES
Renewal
Standard RLF grant and loan terms; specific repayment schedule or renewal options are not stated.
Document type
Agenda
Source document
City of Burlington Common Council Agenda May 5 2020

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Burlington city?

Low Daily Brewery was awarded this financial services contract by City of Burlington city, as recorded on May 5, 2020. The contract value is Grant: $15,000; Loan: $100,000; total not-to-exceed $115,000.

How much is the Low Daily Brewery contract with City of Burlington city worth?

The Low Daily Brewery contract with City of Burlington city is valued at Grant: $15,000; Loan: $100,000; total not-to-exceed $115,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Burlington Common Council Agenda May 5 2020 (Agenda), dated May 5, 2020 from City of Burlington city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Low Daily Brewery hold?

Low Daily Brewery 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 Low Daily Brewery's profile

What is City of Burlington city currently buying?

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

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