CONTRACTPENDING

City Considers Incentive Agreement with Wade Electric

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

The 30-second brief

What it covers

The City of Seagoville is considering approval of an economic development project and incentive agreement between the Seagoville Economic Development Corporation and Wade Electric, Inc., providing an economic development grant of up to $150,000 toward construction of a new electrical services facility. The agreement requires specific capital investment, employment levels, and continued operations through at least December 1, 2026.

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 in 2021 through at least December 1, 2026
Renews
Free account
Source document
Seagoville City Council Agenda Packet 2021-02-22 (AgendaPacket)

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 agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Seagoville City Council Agenda Packet 2021-02-22 (AgendaPacket), 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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