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Town of Concord Awards Economic Development Grant Contract to Twg Gm Performance (June 2025)

Town of Concord
Disclosed value
$140,000,000-$155,000,000
From agenda
Approved
Jun 12, 2025
Term
3 years

The 30-second brief

What it covers

City approves significant tax-based grant to TWG GM Performance Power Units, boosting investment in Concord's northwest area, which aims to stimulate local economic growth and create job opportunities.

Who holds it

Twg Gm Performance holds this economic development grant contract with Town of Concord. Its other public contracts on record include work for Housing Authority of the city of Concord.

What happens next

Term as filed: 3 years.

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Contract details

Contract type
Economic Development Grant
Amount
$140,000,000-$155,000,000
Document date
June 12, 2025
Term
3 years
Vendor
Twg Gm Performance
Agency
Town of Concord
Source document
town-of-concordagenda2025-06-12_0d5.pdf (Agenda)

Twg Gm Performance's other public contracts

Town of Concord, OhioTWG GM Power Units-Tax Grant Agreement Consideration · Jun 12, 2025UndisclosedTown of Concord, OhioPotential $155M Investment with Tax Grant for TWG · Jun 12, 2025UndisclosedTown of Concord, OhioTax-based grant approved for Performance Power Units · Jun 12, 2025Housing Authority of the city of Concord, North CarolinaPotential Tax Grant for TWG GM Power Units · Jun 12, 2025UndisclosedTown of Concord, NebraskaTax Break to GM Power Units, millions · Jun 12, 2025UndisclosedAll Twg Gm Performance contractsVendor profile

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Questions about this contract

Who was awarded the economic development grant contract by Town of Concord?

Twg Gm Performance was awarded this economic development grant contract by Town of Concord, as recorded on June 12, 2025. The contract value is $140,000,000-$155,000,000.

How much is the Twg Gm Performance contract with Town of Concord worth?

The Twg Gm Performance contract with Town of Concord is valued at $140,000,000-$155,000,000, covering economic development grant work.

What type of contract is this?

This is a Economic Development Grant contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-concordagenda2025-06-12_0d5.pdf (Agenda), dated June 12, 2025 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Twg Gm Performance hold?

Twg Gm Performance 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 Town of Concord currently buying?

Explore Town of Concord's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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