PROFESSIONAL_SERVICESPENDING

CIA Considers 2026-2027 Service Contract With LEDC

The Saginaw Street Corridor Improvement Authority is considering a 2026–2027 service contract with the Lansing Economic Development Corporation valued at $10,000 plus 5% of prior-year tax increment revenues. The agreement would have LEDC provide board administration, compliance, budgeting, and additional project support services for the CIA.

Status
PENDING
Document date
July 16, 2026
Contract type
PROFESSIONAL_SERVICES
Vendor
Lansing Economic Development Corporation
Agency
City of Lansing · MI

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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
$10,000 plus 5% of the CIA’s Tax Increment Revenue captured during the fiscal year preceding July 1, 2026
Contract type
PROFESSIONAL_SERVICES
Contract term
July 1, 2026 – June 30, 2027
Renewal date
2027-06-30
Renewal
Single-year agreement effective July 1, 2026 through June 30, 2027, with any extension or modification requiring a written amendment executed by both parties. LEDC may seek additional compensation at hourly rates if services exceed the base amount.
Document type
AgendaPacket
Source document
Saginaw Street Corridor Improvement Authority Agenda Packet 2026-07-16

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Lansing?

Lansing Economic Development Corporation was awarded this professional services contract by City of Lansing, as recorded on July 16, 2026. The contract value is $10,000 plus 5% of the CIA’s Tax Increment Revenue captured during the fiscal year preceding July 1, 2026.

How much is the Lansing Economic Development Corporation contract with City of Lansing worth?

The Lansing Economic Development Corporation contract with City of Lansing is valued at $10,000 plus 5% of the CIA’s Tax Increment Revenue captured during the fiscal year preceding July 1, 2026, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Saginaw Street Corridor Improvement Authority Agenda Packet 2026-07-16 (AgendaPacket), dated July 16, 2026 from City of Lansing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lansing Economic Development Corporation hold?

Lansing Economic Development Corporation 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 Lansing Economic Development Corporation's profile

What is City of Lansing currently buying?

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

View City of Lansing's profile

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