Iowa Arts Council | State of Iowa Awards Financial Services Contract to Electrical Power Products Inc (July 2026)
Iowa Arts Council | State of IowaState · Des Moines, IA- Disclosed value
- $1,257,500 Investment Tax Credit; $750,000 Sales and Use Tax Refund; total $2,007,500
- From agendapacket
- Awarded
- Jul 17, 2026
- Renews
- Free account
The 30-second brief
IEDA plans to award Electrical Power Products, Inc. a total of $2,007,500 in BIG tax incentives, including investment and sales and use tax benefits, to support a $42 million facility expansion in Des Moines. The contract runs through July 31, 2036 with investment to be completed by July 31, 2029.
Electrical Power Products Inc holds this financial services contract with Iowa Arts Council | State of Iowa. Its other public contracts on record include work for City of Des Moines and The Hutchinson Utilities Commission.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,257,500 Investment Tax Credit; $750,000 Sales and Use Tax Refund; total $2,007,500
- Document date
- July 17, 2026
- Term
- Project Award Date July 17, 2026; Project Investment Completion Date July 31, 2029; Contract End Date July 31, 2036
- Renews
- On record
- Source document
- Iowa Economic Development Authority AgendaPacket Due Diligence Committee Meeting 2026-07-17 (AgendaPacket)
Electrical Power Products Inc's other public contracts
More Iowa Arts Council | State of Iowa contracts
Questions about this contract
Who was awarded the financial services contract by Iowa Arts Council | State of Iowa?
Electrical Power Products Inc was awarded this financial services contract by Iowa Arts Council | State of Iowa, as recorded on July 17, 2026. The contract value is $1,257,500 Investment Tax Credit; $750,000 Sales and Use Tax Refund; total $2,007,500.
How much is the Electrical Power Products Inc contract with Iowa Arts Council | State of Iowa worth?
The Electrical Power Products Inc contract with Iowa Arts Council | State of Iowa is valued at $1,257,500 Investment Tax Credit; $750,000 Sales and Use Tax Refund; total $2,007,500, 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 Iowa Economic Development Authority AgendaPacket Due Diligence Committee Meeting 2026-07-17 (AgendaPacket), dated July 17, 2026 from Iowa Arts Council | State of Iowa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Electrical Power Products Inc hold?
Electrical Power Products Inc 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 Iowa Arts Council | State of Iowa currently buying?
Explore Iowa Arts Council | State of Iowa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.