CONTRACTPENDING

City Weighs Incentive Grant For Ralliant Headquarters Project

City of Raleigh logoCity of Raleigh
Disclosed value
$36,000 over five years
From agenda
Document date
Apr 1, 2025
Renews
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The 30-second brief

What it covers

Raleigh is considering a $36,000 performance-based Business Investment Grant to Ralliant Corporation in support of its headquarters relocation, 180 new high-wage jobs, and more than $2.12 million in local investment. Grant payments would be made annually over five years contingent on job creation by December 31, 2029.

Who holds it

Ralliant Corporation holds this financial services contract with City of Raleigh. Its other public contracts on record include work for Wake County and Wake County Public Libraries.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Raleigh contract.

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Contract details

Contract type
Financial Services
Amount
$36,000 over five years
Document date
April 1, 2025
Term
Five years of annual payments following creation of 180 jobs by December 31, 2029
Renews
Free account
Source document
city-of-raleigh-council-meeting-agenda-april-1-2025_88e.md (Agenda)

Ralliant Corporation's other public contracts

More City of Raleigh contracts

Questions about this contract

Who was awarded the financial services contract by City of Raleigh?

Ralliant Corporation was awarded this financial services contract by City of Raleigh, as recorded on April 1, 2025. The contract value is $36,000 over five years.

How much is the Ralliant Corporation contract with City of Raleigh worth?

The Ralliant Corporation contract with City of Raleigh is valued at $36,000 over five years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-raleigh-council-meeting-agenda-april-1-2025_88e.md (Agenda), dated April 1, 2025 from City of Raleigh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ralliant Corporation hold?

Ralliant 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.

What is City of Raleigh currently buying?

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

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