City of Granbury Awards Financial Services Contract to Quanta Services Inc (June 2024)

The Granbury City Council approved a Property Tax Abatement Agreement with Quanta Services, Inc., providing an 80% abatement for 10 years on qualifying improvements in the Commerce Centre of Granbury. The City Manager was authorized to finalize and execute the agreement with the consent of the TIRZ Board.

Document date · June 18, 2024

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Scope & details

The full contract record, as filed.

Contract amount

80% abatement for 10 years on improvements

Contract type

FINANCIAL_SERVICES

Contract term

10 years

Renewal date

2034-06-18

Renewal

Initial term is 10 years; any extension or renewal would require future council and TIRZ Board action beyond the original abatement schedule.

Document type

Minutes

Source document

city-of-granbury-city-council-meeting-minutes-june-18-2024_30b.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

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

Quanta Services Inc was awarded this financial services contract by City of Granbury, as recorded on June 18, 2024. The contract value is 80% abatement for 10 years on improvements.

How much is the Quanta Services Inc contract with City of Granbury worth?

The Quanta Services Inc contract with City of Granbury is valued at 80% abatement for 10 years on improvements, 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 city-of-granbury-city-council-meeting-minutes-june-18-2024_30b.pdf (Minutes), dated June 18, 2024 from City of Granbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Quanta Services Inc hold?

Quanta Services 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.

View Quanta Services Inc's profile

What is City of Granbury currently buying?

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

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