City of Seagoville city Awards Financial Services Contract to Wade Electric Inc (February 2021)
City of Seagoville cityCity · TX- Disclosed value
- Not to exceed $150,000.00
- From agenda
- Approved
- Feb 22, 2021
- Renews
- Free account
The 30-second brief
The Seagoville Economic Development Corporation entered into an Economic Development Incentive Agreement with Wade Electric, Inc. providing a grant of up to $150,000 to help fund construction of a new 9,800-square-foot electrical services facility in Seagoville. The agreement runs through at least December 1, 2026 and requires minimum capital investment, job creation, and continuous operation, with repayment obligations if conditions are not met.
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.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $150,000.00
- Document date
- February 22, 2021
- Term
- From execution date until Expiration Date (December 1, 2026 or fifth anniversary of Completion of Construction, whichever is later)
- Renews
- On record
- Vendor
- Wade Electric Inc
- Agency
- City of Seagoville city
- Source document
- city_council_meeting_agenda_february_22_2021.pdf (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_council_meeting_agenda_february_22_2021.pdf (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.