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PORT FREEPORT Awards Financial Services Contract to Volkswagen Group of America Inc (October 2025)

PORT FREEPORT logoPORT FREEPORT
Approved
Oct 23, 2025

The 30-second brief

What it covers

Port Freeport plans to approve the assignment of its March 22, 2023 tax abatement agreement involving Volkswagen Group of America, Inc. and PRP KDC Freeport Development, LLC for a project in Reinvestment Zone No. 2022-01. The action will transfer PRP’s rights and obligations under the abatement to affiliated TIC entities that now hold the leasehold interests.

Who holds it

Volkswagen Group of America Inc holds this financial services contract with PORT FREEPORT. Its other public contracts on record include work for Hamilton County and Michigan Strategic Fund Board of Directors | State of Michigan.

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Contract details

Contract type
Financial Services
Document date
October 23, 2025
Vendor
Volkswagen Group of America Inc
Agency
PORT FREEPORT
Source document
port_commission_regular_meeting_supplemental_agend.pdf (Agenda)

Volkswagen Group of America Inc's other public contracts

Hamilton County, TennesseeVolkswagen Option Extension Agreement Authorized · Jun 17, 2026UndisclosedMichigan Strategic Fund Board of Directors | State of Michigan, MichiganMichigan Business Grant Proposed for Volkswagen Group · Jan 27, 2026Rosemont village, IllinoisVolkswagen Advertising Agreement Amendment for Allstate Arena · Jul 14, 2025UndisclosedTown of Rosemont, North DakotaVolkswagen Advertising Agreement for Allstate Arena Amended · Jul 14, 2025UndisclosedBrazoria County, TexasCounty To Consider Volkswagen Tax Abatement Assignment · Jun 24, 2025UndisclosedAll Volkswagen Group of America Inc contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by PORT FREEPORT?

Volkswagen Group of America Inc was awarded this financial services contract by PORT FREEPORT, as recorded on October 23, 2025.

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 port_commission_regular_meeting_supplemental_agend.pdf (Agenda), dated October 23, 2025 from PORT FREEPORT. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Volkswagen Group of America Inc hold?

Volkswagen Group of America 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.

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