Powhatan County Economic Development Authority Agenda Packet May 2026
EDA Reviews Proposed Placer AI Software Agreement
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Description
The Economic Development Authority reviewed a proposal to license Placer AI software at $24,000 annually under a two-year agreement. The platform would support data needs for multiple county departments if approved in a future action.
Contract Details
Contract Amount
$24,000 per year for 2 years
Vendor
PLACER AI
Agency
Powhatan County, VA
Contract Type
TECHNOLOGY
Document Date
May 11, 2026
Contract Term
2-year sign-on agreement
Renewal Info
Proposed initial term is a two-year sign-on agreement at an annual subscription rate; renewal terms were not discussed.
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