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City of Columbus Awards $3,000,000 Financial Services Contract to Root Inc (May 2019)

City of Columbus logoCity of Columbus
Disclosed value
$3,000,000.00
From minutes
Approved
May 6, 2019
Term
up to six consecutive years

The 30-second brief

What it covers

Council approved legislation to dissolve Root, Inc.'s Downtown Office Incentive Agreement and concurrently enter into a new dual-rate Jobs Growth Incentive Agreement for up to six years, supporting a $3 million investment and 863 new jobs with $60.8 million in annual payroll.

Who holds it

Root Inc holds this financial services contract with City of Columbus. Its other public contracts on record include work for North Shore Community College.

What happens next

Term as filed: up to six consecutive years.

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Contract details

Contract type
Financial Services
Amount
$3,000,000.00
Document date
May 6, 2019
Term
up to six consecutive years
Vendor
Root Inc
Agency
City of Columbus
Source document
columbus_city_council_minutes_final_may_6_2019.pdf (Minutes)

Root Inc's other public contracts

North Shore Community College, MassachusettsNSCC Approves Root, Inc. as New Food Service Vendor · Jun 16, 2026UndisclosedCity of Columbus, OhioDowntown Incentive Agreement with Root, Inc. Dissolved · May 13, 2019UndisclosedCity of Columbus, OhioNew Jobs Incentive Agreement Approved for Root, Inc. · May 6, 2019UndisclosedAll Root Inc contractsVendor profile

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Questions about this contract

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

Root Inc was awarded this financial services contract by City of Columbus, as recorded on May 6, 2019. The contract value is $3,000,000.00.

How much is the Root Inc contract with City of Columbus worth?

The Root Inc contract with City of Columbus is valued at $3,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in columbus_city_council_minutes_final_may_6_2019.pdf (Minutes), dated May 6, 2019 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Root Inc hold?

Root 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.

What is City of Columbus currently buying?

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

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