CONTRACTAPPROVED

JEDO Approves $1.43 Million Magellan Financial Incentive

Joint Economic Development Organization
Disclosed value
$1,430,000
From agendapacket
Approved
Sep 9, 2026
Term
Five years of planned job creation

The 30-second brief

What it covers

JEDO approved a $1.43 million incentive agreement with Magellan Financial for Project Omega. The project is expected to create 175 jobs over five years and generate an estimated $1.37 billion in economic impact over 10 years.

Who holds it

Magellan Financial holds this contract with Joint Economic Development Organization.

What happens next

Term as filed: Five years of planned job creation.

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Contract details

Amount
$1,430,000
Document date
September 9, 2026
Term
Five years of planned job creation
Source document
Joint Economic Development Organization AgendaPacket Board Meeting 2026-09-09 (AgendaPacket)

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Questions about this contract

Who was awarded the government contract by Joint Economic Development Organization?

Magellan Financial was awarded this government contract by Joint Economic Development Organization, as recorded on September 9, 2026. The contract value is $1,430,000.

How much is the Magellan Financial contract with Joint Economic Development Organization worth?

The Magellan Financial contract with Joint Economic Development Organization is valued at $1,430,000.

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 Joint Economic Development Organization AgendaPacket Board Meeting 2026-09-09 (AgendaPacket), dated September 9, 2026 from Joint Economic Development Organization. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Magellan Financial hold?

Magellan Financial 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 Joint Economic Development Organization currently buying?

Explore Joint Economic Development Organization's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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