School Board Backs Kroger Economic Incentive Cost Share
Colonial Heights City Public SchoolsSchool · Colonial Heights, VA- Disclosed value
- $300,000 annually for seven years (total $2,100,000 shared between city and schools); schools' share $152,190 per year
- From agenda
- Document date
- Mar 25, 2025
- Renews
- Free account
The 30-second brief
Colonial Heights School Board is asked to approve City Council Resolution No. 25-17 supporting an economic incentive grant agreement with The Kroger Co. The arrangement calls for $300,000 in annual repayments over seven years, with the School Division covering $152,190 per year under its 50.73% revenue-sharing agreement starting around the 2027-2028 school year.
Kroger Co holds this financial services contract with Colonial Heights City Public Schools. Its other public contracts on record include work for Riverview School District and Hutchinson Public Schools Unified School District.
The renewal date is on record. A free account shows it, with the renewals for every Colonial Heights City Public Schools contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $300,000 annually for seven years (total $2,100,000 shared between city and schools); schools' share $152,190 per year
- Document date
- March 25, 2025
- Term
- Seven-year repayment period beginning after Kroger Marketplace has been fully operational for one full calendar year; first year anticipated 2027-2028 school year
- Renews
- Free account
- Vendor
- Kroger Co
- Source document
- colonial-heights-city-public-schools-agenda-2025-03-25_481.txt (Agenda)
Kroger Co's other public contracts
More Colonial Heights City Public Schools contracts
Questions about this contract
Who was awarded the financial services contract by Colonial Heights City Public Schools?
Kroger Co was awarded this financial services contract by Colonial Heights City Public Schools, as recorded on March 25, 2025. The contract value is $300,000 annually for seven years (total $2,100,000 shared between city and schools); schools' share $152,190 per year.
How much is the Kroger Co contract with Colonial Heights City Public Schools worth?
The Kroger Co contract with Colonial Heights City Public Schools is valued at $300,000 annually for seven years (total $2,100,000 shared between city and schools); schools' share $152,190 per year, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in colonial-heights-city-public-schools-agenda-2025-03-25_481.txt (Agenda), dated March 25, 2025 from Colonial Heights City Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Kroger Co hold?
Kroger Co 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 Colonial Heights City Public Schools currently buying?
Explore Colonial Heights City Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.