CONTRACTAPPROVED

City of Seagoville city Awards Financial Services Contract to Wade Electric Inc (February 2021)

City of Seagoville city logoCity of Seagoville city
Disclosed value
Not to exceed $150,000.00
From agenda
Approved
Feb 22, 2021
Renews
Free account

The 30-second brief

What it covers

The Seagoville City Council approved an Economic Development Incentive Agreement between the Seagoville Economic Development Corporation and Wade Electric, Inc., authorizing a grant of up to $150,000 to offset construction costs for a new 9,800-square-foot electrical services facility in Seagoville. The agreement runs through at least December 1, 2026, contingent on job creation, capital investment, and continued operation at the site.

Who holds it

Wade Electric Inc holds this financial services contract with City of Seagoville city. Its other public contracts on record include work for Norman Public Schools.

What happens next

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

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Contract details

Contract type
Financial Services
Amount
Not to exceed $150,000.00
Document date
February 22, 2021
Term
Effective Date through Expiration Date (December 1, 2026 or fifth anniversary of Completion of Construction, whichever is later)
Renews
Free account
Source document
City of Seagoville Council Meeting Agenda February 2021 (Agenda)

Wade Electric Inc's other public contracts

More City of Seagoville city contracts

Questions about this contract

Who was awarded the financial services contract by City of Seagoville city?

Wade Electric Inc was awarded this financial services contract by City of Seagoville city, as recorded on February 22, 2021. The contract value is Not to exceed $150,000.00.

How much is the Wade Electric Inc contract with City of Seagoville city worth?

The Wade Electric Inc contract with City of Seagoville city is valued at Not to exceed $150,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Seagoville Council Meeting Agenda February 2021 (Agenda), dated February 22, 2021 from City of Seagoville city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wade Electric Inc hold?

Wade Electric Inc 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 Seagoville city currently buying?

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

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