New Jobs Incentive Agreement Approved for Root, Inc.
City of ColumbusCity · Columbus, OH- Document date
- May 6, 2019
- Term
- Up to six (6) consecutive years
The 30-second brief
Columbus will enter a new dual-rate Jobs Growth Incentive Agreement with Root, Inc. for up to six years, tied to a $3 million capital investment and 863 new full-time jobs with payroll over $60.8 million annually, replacing the prior Downtown Office Incentive Agreement. The pact strengthens Root’s local expansion while aligning incentives with performance.
Root Inc holds this financial services contract with City of Columbus. Its other public contracts on record include work for North Shore Community College.
Term as filed: Up to six (6) consecutive years.
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Contract details
- Contract type
- Financial Services
- Document date
- May 6, 2019
- Term
- Up to six (6) consecutive years
- Vendor
- Root Inc
- Agency
- City of Columbus
- Source document
- columbus_city_council_regular_meeting_agenda_may_6.pdf (Agenda)
Root Inc's other public contracts
More City of Columbus contracts
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.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in columbus_city_council_regular_meeting_agenda_may_6.pdf (Agenda), dated May 6, 2019 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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.
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