FINANCIAL_SERVICESAPPROVED

City of Indianapolis Awards Financial Services Contract to Prysmian Cables & Systems Usa Llc (August 2026)

The Metropolitan Development Commission approved Resolution 2026-A-028 granting a seven-year real property tax abatement to Prysmian Cables & Systems USA, LLC for a $100 million expansion at 7950 Rockville Road. The incentive supports retention of 82 jobs and creation of 55 new positions at above-average wages.

Document date · August 5, 2026

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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
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Tax abatement supporting $100,000,000 total investment
Contract type
FINANCIAL_SERVICES
Contract term
Seven (7) years
Renewal
Abatement term fixed at seven years for real property related to the approved expansion.
Document type
Minutes
Source document
Metropolitan Development Commission Minutes August 5, 2026

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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 Indianapolis?

Prysmian Cables & Systems Usa Llc was awarded this financial services contract by City of Indianapolis, as recorded on August 5, 2026. The contract value is Tax abatement supporting $100,000,000 total investment.

How much is the Prysmian Cables & Systems Usa Llc contract with City of Indianapolis worth?

The Prysmian Cables & Systems Usa Llc contract with City of Indianapolis is valued at Tax abatement supporting $100,000,000 total investment, 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 Metropolitan Development Commission Minutes August 5, 2026 (Minutes), dated August 5, 2026 from City of Indianapolis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Prysmian Cables & Systems Usa Llc hold?

Prysmian Cables & Systems Usa Llc 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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