$1.3B Smithfield Plant Plan with $89.9M TIF Support | City of Sioux Falls | SMITHFIELD

Scope & details

The full contract record, as filed.

Contract amount

$1,300,000,000 (total project); $110,300,000 (wastewater treatment plant); $136,300,000 (total TIF-eligible expenses); $89,900,072 (TIF amount requested)

Contract type

CONSTRUCTION

Contract term

Construction from 2027 to completion in 2028; TIF payback period up to 20 years

Renewal date

2048-12-31

Renewal

Not specified; TIF agreement subject to development milestones and project completion dates as stated in the Project Plan.

Document type

StaffReport

Source document

Planning Commission Staff Report March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Sioux Falls?

SMITHFIELD was awarded this construction contract by City of Sioux Falls, as recorded on March 4, 2026. The contract value is $1,300,000,000 (total project); $110,300,000 (wastewater treatment plant); $136,300,000 (total TIF-eligible expenses); $89,900,072 (TIF amount requested).

How much is the SMITHFIELD contract with City of Sioux Falls worth?

The SMITHFIELD contract with City of Sioux Falls is valued at $1,300,000,000 (total project); $110,300,000 (wastewater treatment plant); $136,300,000 (total TIF-eligible expenses); $89,900,072 (TIF amount requested), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Planning Commission Staff Report March 2026 (StaffReport), dated March 4, 2026 from City of Sioux Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SMITHFIELD hold?

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

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