CONTRACTPENDING

Compass Datacenters to invest $4M in Hoffman Estates

Disclosed value: $4,000,000; From agenda
Document date: Feb 17, 2025
Term: Concurrent with Class 6B incentive

What it covers

Incentive Agreement between Village of Hoffman Estates and Compass Datacenters ORD I, LLC for Compass Data Center project. Compass to provide a $4,000,000 Community Investment ($800,000 per Phase) to the Village at the time of Certificate of Occupancy for each Phase.

Who holds it

Compass Datacenters Ord I holds this incentive agreement contract with Hoffman Estates village (pt.).

What happens next

Term as filed: Concurrent with Class 6B incentive.

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Contract details

Contract type: Incentive Agreement
Amount: $4,000,000
Document date: February 17, 2025
Term: Concurrent with Class 6B incentive
Vendor: Compass Datacenters Ord I
Agency: Hoffman Estates village (pt.)
Source document: hoffman-estates-village-board-of-trustees-agenda-february-17-2025_6d2.pdf (Agenda)

Compass Datacenters Ord I's other public contracts

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Questions about this contract

Who was awarded the incentive agreement contract by Hoffman Estates village (pt.)?

Compass Datacenters Ord I was awarded this incentive agreement contract by Hoffman Estates village (pt.), as recorded on February 17, 2025. The contract value is $4,000,000.

How much is the Compass Datacenters Ord I contract with Hoffman Estates village (pt.) worth?

The Compass Datacenters Ord I contract with Hoffman Estates village (pt.) is valued at $4,000,000, covering incentive agreement work.

What type of contract is this?

This is a Incentive Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in hoffman-estates-village-board-of-trustees-agenda-february-17-2025_6d2.pdf (Agenda), dated February 17, 2025 from Hoffman Estates village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Compass Datacenters Ord I hold?

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

What is Hoffman Estates village (pt.) currently buying?

Explore Hoffman Estates village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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