Durham County Awards $100,000 Financial Services Contract to North Carolina Biotechnology Center (May 2021)

Durham County approved Budget Ordinance Amendment No. 21BCC000110 to recognize a $100,000 Local Economic Development Award grant from the North Carolina Biotechnology Center. The County will administer and disburse the funds to GRAIL, Inc. based on performance milestones for life sciences job creation and investment.

Document date · May 24, 2021

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Scope & details

The full contract record, as filed.

Contract amount

$100,000

Contract type

FINANCIAL_SERVICES

Contract term

Performance milestones through December 31, 2023 and following year

Renewal date

2024-12-31

Renewal

Grant is performance-based and linked to job creation and retention milestones through at least December 31, 2024; no explicit renewal terms stated.

Document type

Agenda

Source document

Durham County Board of Commissioners Meeting Agenda May 2021

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Durham County?

North Carolina Biotechnology Center was awarded this financial services contract by Durham County, as recorded on May 24, 2021. The contract value is $100,000.

How much is the North Carolina Biotechnology Center contract with Durham County worth?

The North Carolina Biotechnology Center contract with Durham County is valued at $100,000, 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 Durham County Board of Commissioners Meeting Agenda May 2021 (Agenda), dated May 24, 2021 from Durham County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Carolina Biotechnology Center hold?

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

View North Carolina Biotechnology Center's profile

What is Durham County currently buying?

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

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