FINANCIAL_SERVICESAPPROVED

City of South Sioux Awards Financial Services Contract to Omega Industries (August 2026)

South Sioux City is authorizing LB840 economic development funds for OMEGA INDUSTRIES, approving a $100,000 package split between a forgivable grant and a 0% interest loan to support a $5 million expansion creating five new jobs. Clawback terms require jobs and investment to be completed within three years.

Status
APPROVED
Document date
August 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Omega Industries
Agency
City of South Sioux · NE

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Request $100,000 (50% forgivable grant, 50% 0% interest loan)
Contract type
FINANCIAL_SERVICES
Contract term
Jobs and investment to be completed within 3 years
Renewal date
2029-08-24
Renewal
Economic development agreement includes clawback terms tied to job creation and investment completion within 3 years; future renewals or modifications would depend on performance.
Document type
Agenda
Source document
City of South Sioux City Council Agenda 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of South Sioux?

Omega Industries was awarded this financial services contract by City of South Sioux, as recorded on August 24, 2026. The contract value is Request $100,000 (50% forgivable grant, 50% 0% interest loan).

How much is the Omega Industries contract with City of South Sioux worth?

The Omega Industries contract with City of South Sioux is valued at Request $100,000 (50% forgivable grant, 50% 0% interest loan), 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 South Sioux City Council Agenda 2026-08-24 (Agenda), dated August 24, 2026 from City of South Sioux. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Omega Industries hold?

Omega Industries may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Omega Industries's profile

What is City of South Sioux currently buying?

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

View City of South Sioux's profile

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