CONTRACTRECOMMENDED

IEDA Recommends Valent BioSciences Contract Amendment

Iowa Arts Council | State of Iowa
Disclosed value
$1,104,000 estimated tax credit benefits
From agendapacket
Document date
Aug 21, 2026
Renews
Free account

The 30-second brief

What it covers

The Iowa Economic Development Authority recommended amending Valent BioSciences’ High Quality Jobs contract to extend completion through December 31, 2026. The amendment also reflects the company’s name change to Sumitomo Biorational Company LLC.

Who holds it

Valent Biosciences LLC holds this contract with Iowa Arts Council | State of Iowa. Its other public contracts on record include work for Iowa Arts Council and Bay County.

What happens next

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Contract details

Amount
$1,104,000 estimated tax credit benefits
Document date
August 21, 2026
Term
Award date June 17, 2022; existing completion date May 31, 2026; proposed completion date December 31, 2026; maintenance date May 31, 2028
Renews
On record
Source document
Iowa Economic Development Authority AgendaPacket 2026-08-21 (AgendaPacket)

Valent Biosciences LLC's other public contracts

More Iowa Arts Council | State of Iowa contracts

Questions about this contract

Who was awarded the government contract by Iowa Arts Council | State of Iowa?

Valent Biosciences LLC was awarded this government contract by Iowa Arts Council | State of Iowa, as recorded on August 21, 2026. The contract value is $1,104,000 estimated tax credit benefits.

How much is the Valent Biosciences LLC contract with Iowa Arts Council | State of Iowa worth?

The Valent Biosciences LLC contract with Iowa Arts Council | State of Iowa is valued at $1,104,000 estimated tax credit benefits.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Iowa Economic Development Authority AgendaPacket 2026-08-21 (AgendaPacket), dated August 21, 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 Valent Biosciences LLC hold?

Valent Biosciences LLC 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.

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