Infrastructure reimbursement deal for Laveen tech project
City of PhoenixCity · Phoenix, AZ- Disclosed value
- Not to exceed $7.5 million
- From agendapacket
- Document date
- Feb 23, 2022
The 30-second brief
The Economic Development and Equity Subcommittee is asked to recommend City Council approval of a development agreement with Scannell Properties to privately finance and construct public infrastructure and outdoor public space improvements for a 240‑acre industrial project in Laveen. The City would reimburse up to $7.5 million from eligible Transaction Privilege Tax revenues over a 10‑year period after completion and acceptance of the improvements.
Scannell Properties holds this construction contract with City of Phoenix. Its other public contracts on record include work for City of Forest Park and City of Chaska.
Term as filed: 10 years from completion and City acceptance of public infrastructure improvements.
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Contract details
- Contract type
- Construction
- Amount
- Not to exceed $7.5 million
- Document date
- February 23, 2022
- Term
- 10 years from completion and City acceptance of public infrastructure improvements
- Vendor
- Scannell Properties
- Agency
- City of Phoenix
- Source document
- City of Phoenix Economic Development and Equity Subcommittee AgendaPacket 2022-02-23 (AgendaPacket)
Scannell Properties's other public contracts
More City of Phoenix contracts
Questions about this contract
Who was awarded the construction contract by City of Phoenix?
Scannell Properties was awarded this construction contract by City of Phoenix, as recorded on February 23, 2022. The contract value is Not to exceed $7.5 million.
How much is the Scannell Properties contract with City of Phoenix worth?
The Scannell Properties contract with City of Phoenix is valued at Not to exceed $7.5 million, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Phoenix Economic Development and Equity Subcommittee AgendaPacket 2022-02-23 (AgendaPacket), dated February 23, 2022 from City of Phoenix. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Scannell Properties hold?
Scannell Properties may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Phoenix currently buying?
Explore City of Phoenix's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.