Jacksonville Approves $2M Incentive for Project Heat Facility
City of JacksonvilleCity · Jacksonville, FL- Disclosed value
- Not to exceed $2,000,000 (REV Grant over 10 years)
- From minutes
- Approved
- Jul 16, 2024
- Renews
- Free account
The 30-second brief
The Jacksonville Finance Committee approved a $2 million REV grant for Project Heat to establish new operations at Cecil Field, creating 100 jobs and investing $135 million, with performance targets by the end of 2028.
Project Heat holds this contract with City of Jacksonville. Its other public contracts on record include work for Duval County.
The renewal date is on record. A free account shows it, with the renewals for every City of Jacksonville contract.
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Contract details
- Amount
- Not to exceed $2,000,000 (REV Grant over 10 years)
- Document date
- July 16, 2024
- Term
- 10-year REV grant; improvements/job creation by 12/31/2028
- Renews
- Free account
- Vendor
- Project Heat
- Agency
- City of Jacksonville
- Source document
- City of Jacksonville Finance Committee Meeting Minutes July 2024 (Minutes)
Project Heat's other public contracts
More City of Jacksonville contracts
Questions about this contract
Who was awarded the government contract by City of Jacksonville?
Project Heat was awarded this government contract by City of Jacksonville, as recorded on July 16, 2024. The contract value is Not to exceed $2,000,000 (REV Grant over 10 years).
How much is the Project Heat contract with City of Jacksonville worth?
The Project Heat contract with City of Jacksonville is valued at Not to exceed $2,000,000 (REV Grant over 10 years).
What type of contract is this?
This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Jacksonville Finance Committee Meeting Minutes July 2024 (Minutes), dated July 16, 2024 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Project Heat hold?
Project Heat 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 Jacksonville currently buying?
Explore City of Jacksonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.