FINANCIAL_SERVICESAPPROVED

Housing Authority Of Laurens Awards Financial Services Contract to Aptiv Services Us Llc (April 2026)

Laurens County Council approved Ordinance 1004 authorizing a 30‑year fee in lieu of tax and special source revenue credit agreement with Aptiv Services US, LLC for its Project Oracle investment of about $120.8 million. The agreement provides a reduced assessment ratio and 10 years of 60% credits in exchange for the company’s manufacturing expansion and job creation at the Connexial MCIP site.

Status
APPROVED
Document date
April 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Aptiv Services Us Llc
Agency
Housing Authority Of Laurens · SC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Approximately $120,815,000 investment; 60% special source revenue credit for 10 years
Contract type
FINANCIAL_SERVICES
Contract term
30 years from Commencement Date; 10-year special source revenue credit period within term
Renewal date
2056-12-31
Renewal
FILOT term is 30 years with a five‑year investment period; includes clawback provisions if the FILOT Act minimum investment and contract minimum investment requirements are not satisfied. No automatic renewal beyond the statutory term.
Document type
AgendaPacket
Source document
Laurens County Council Meeting Agenda Packet April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Authority Of Laurens?

Aptiv Services Us Llc was awarded this financial services contract by Housing Authority Of Laurens, as recorded on April 13, 2026. The contract value is Approximately $120,815,000 investment; 60% special source revenue credit for 10 years.

How much is the Aptiv Services Us Llc contract with Housing Authority Of Laurens worth?

The Aptiv Services Us Llc contract with Housing Authority Of Laurens is valued at Approximately $120,815,000 investment; 60% special source revenue credit for 10 years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Laurens County Council Meeting Agenda Packet April 2026 (AgendaPacket), dated April 13, 2026 from Housing Authority Of Laurens. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Aptiv Services Us Llc hold?

Aptiv Services Us Llc 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 Aptiv Services Us Llc's profile

What is Housing Authority Of Laurens currently buying?

Explore Housing Authority Of Laurens's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Housing Authority Of Laurens's profile

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