LICENSEDISCUSSED

Riverport reviews Bunge license option year terms

The Henderson County Riverport Authority reviewed terms of its license agreement with Bunge as the contract enters an option year. Proposed changes include doubling the monthly payment, increasing the minimum tonnage commitment, and preserving the existing per-bushel put-through rate while Bunge weighs either facility upgrades or exit-related compliance work.

Status
DISCUSSED
Document date
July 2, 2026
Contract type
LICENSE
Vendor
BUNGE
Agency
Henderson County Riverport Authority · KY

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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
$12,583.33 per month proposed to increase to $25,000.00 per month; $375,000.00 facility compliance if they leave; $2,000,000.00 potential facility upgrades
Contract type
LICENSE
Contract term
License agreement currently in an option year as of July with two remaining three-year options
Renewal
License is in an option year starting July with two additional three-year options remaining; renegotiation of fees and minimum throughput is under consideration.
Document type
AgendaPacket
Source document
Henderson County Riverport Authority AgendaPacket Board Meeting 2026-07-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the license contract by Henderson County Riverport Authority?

BUNGE was awarded this license contract by Henderson County Riverport Authority, as recorded on July 2, 2026. The contract value is $12,583.33 per month proposed to increase to $25,000.00 per month; $375,000.00 facility compliance if they leave; $2,000,000.00 potential facility upgrades.

How much is the BUNGE contract with Henderson County Riverport Authority worth?

The BUNGE contract with Henderson County Riverport Authority is valued at $12,583.33 per month proposed to increase to $25,000.00 per month; $375,000.00 facility compliance if they leave; $2,000,000.00 potential facility upgrades, covering license work.

What type of contract is this?

This is a License contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Henderson County Riverport Authority AgendaPacket Board Meeting 2026-07-02 (AgendaPacket), dated July 2, 2026 from Henderson County Riverport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BUNGE hold?

BUNGE 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 BUNGE's profile

What is Henderson County Riverport Authority currently buying?

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

View Henderson County Riverport Authority's profile

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