CONTRACTPENDING

Joint applicant seeks inclusion in Silo Park TIR deal

City of Salt Lake logoCity of Salt Lake
Disclosed value
$51,486,631 (25-year capped tax increment); approximately $22,055,817 net present value if bonded
From agendapacket
Document date
Jun 9, 2026

The 30-second brief

What it covers

BCG TBD Manager, LLC, as a joint applicant, is included in a proposed CRA tax increment reimbursement agreement term sheet for the Silo Park development, with up to $51.49 million in capped reimbursements over 25 years. The agreement would fund infrastructure, parking, and enhanced residential elements in exchange for affordable units and public amenities.

Who holds it

Bcg Tbd Manager LLC holds this financial services contract with City of Salt Lake. Its other public contracts on record include work for Salt Lake City Corporation.

What happens next

Term as filed: 25 consecutive years per phase over a 45-year period, within the Salt Lake Central HTRZ.

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Contract details

Contract type
Financial Services
Amount
$51,486,631 (25-year capped tax increment); approximately $22,055,817 net present value if bonded
Document date
June 9, 2026
Term
25 consecutive years per phase over a 45-year period, within the Salt Lake Central HTRZ
Source document
Salt Lake City Community Reinvestment Agency Agenda Packet 2026-06-09 (AgendaPacket)

Bcg Tbd Manager LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Salt Lake?

Bcg Tbd Manager LLC was awarded this financial services contract by City of Salt Lake, as recorded on June 9, 2026. The contract value is $51,486,631 (25-year capped tax increment); approximately $22,055,817 net present value if bonded.

How much is the Bcg Tbd Manager LLC contract with City of Salt Lake worth?

The Bcg Tbd Manager LLC contract with City of Salt Lake is valued at $51,486,631 (25-year capped tax increment); approximately $22,055,817 net present value if bonded, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Salt Lake City Community Reinvestment Agency Agenda Packet 2026-06-09 (AgendaPacket), dated June 9, 2026 from City of Salt Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bcg Tbd Manager LLC hold?

Bcg Tbd Manager 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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Explore City of Salt Lake's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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