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

The Granbury City Council approved a seven-year Chapter 380 Sales and Use Tax Rebate Agreement with Quanta Services, Inc., sharing 50% of the City's one percent general use tax proceeds on qualifying construction materials and equipment. The agreement supports the company's Commerce Centre of Granbury project.

Document date · June 18, 2024

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

7 years

Renewal date

2031-06-18

Renewal

Agreement runs for seven years; renewal or extension would require separate council approval after the initial term.

Document type

Minutes

Source document

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

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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 Granbury?

Quanta Services Inc was awarded this financial services contract by City of Granbury, as recorded on June 18, 2024.

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?

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