OTHERRECOMMENDED

JCIP Income Tax Incentive Recommended for Beehive Industries

The City of Loveland recommended authorizing a 12-year Job Creation Incentive Program agreement with Beehive Industries, LLC. The agreement would provide an estimated annual rebate of $59,750, representing 25% of municipal income tax generated by approximately 200 new employees at the company's Loveland facility, with the first payment expected in 2028.

Document date · October 12, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $59,750 annually; approximately $717,000 over 12 years based on projected payroll and tax revenue
Contract type
OTHER
Contract term
12 years; incentive begins in 2027, with the first payment in 2028
Renewal date
2038-12-31
Document type
StaffReport
Source document
City of Loveland StaffReport Job Creation Incentive Program – Beehive Industries, LLC 2026-10-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Loveland?

Beehive Industries Llc was awarded this government contract by City of Loveland, as recorded on October 12, 2026. The contract value is Approximately $59,750 annually; approximately $717,000 over 12 years based on projected payroll and tax revenue.

How much is the Beehive Industries Llc contract with City of Loveland worth?

The Beehive Industries Llc contract with City of Loveland is valued at Approximately $59,750 annually; approximately $717,000 over 12 years based on projected payroll and tax revenue.

What type of contract is this?

This is a government contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Loveland StaffReport Job Creation Incentive Program – Beehive Industries, LLC 2026-10-13 (StaffReport), dated October 12, 2026 from City of Loveland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Beehive Industries Llc hold?

Beehive Industries 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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