CONTRACTAPPROVED

Roanoke County Approves Incentive Agreements with Mack Trucks

Roanoke County
Disclosed value
Estimated $842,520 (local incentive grant) + $255,000 (COF Grant)
From agenda
Approved
Aug 20, 2024
Renews
Free account

The 30-second brief

What it covers

Roanoke County Board of Supervisors approved performance-based economic development incentive agreements with Mack Trucks, Inc., including an estimated local grant of $842,520 over seven years, and a $255,000 COF Grant. The grants are contingent on job creation, retention, and capital investment at Mack's Roanoke facility.

Who holds it

Mack Trucks Inc holds this contract with Roanoke County. Its other public contracts on record include work for Lehigh Career and Technical Institute and Louisiana Motor Vehicle Commission - Sales Finance | State of Louisiana.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Roanoke County contract.

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Contract details

Amount
Estimated $842,520 (local incentive grant) + $255,000 (COF Grant)
Document date
August 20, 2024
Term
Seven years (local incentive grant); COF Grant: performance date March 31, 2028
Renews
Free account
Source document
Roanoke County Board of Supervisors Agenda August 20, 2024 (Agenda)

Mack Trucks Inc's other public contracts

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Questions about this contract

Who was awarded the government contract by Roanoke County?

Mack Trucks Inc was awarded this government contract by Roanoke County, as recorded on August 20, 2024. The contract value is Estimated $842,520 (local incentive grant) + $255,000 (COF Grant).

How much is the Mack Trucks Inc contract with Roanoke County worth?

The Mack Trucks Inc contract with Roanoke County is valued at Estimated $842,520 (local incentive grant) + $255,000 (COF Grant).

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Roanoke County Board of Supervisors Agenda August 20, 2024 (Agenda), dated August 20, 2024 from Roanoke County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mack Trucks Inc hold?

Mack Trucks 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 Roanoke County currently buying?

Explore Roanoke County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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