KEDFA Approves Ford Jobs Agreement Expansion
Kentucky Economic Development Finance Authority | Commonwealth of KentuckyState · Frankfort, KY- Disclosed value
- Increased negotiated tax incentive amount of $578,000,000; projected seventh supplemental investment $3,900,000,000
- From minutes
- Document date
- Jun 25, 2026
- Renews
- Free account
The 30-second brief
KEDFA approved Ford Motor Company’s amended Jobs Retention Agreement. The amendment increases the negotiated tax incentive to $578 million, extends the agreement to January 31, 2032, and supports up to $3.9 billion in supplemental investment.
Ford Motor Company holds this contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky. Its other public contracts on record include work for Forsyth County and City of Toledo.
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Contract details
- Amount
- Increased negotiated tax incentive amount of $578,000,000; projected seventh supplemental investment $3,900,000,000
- Document date
- June 25, 2026
- Term
- Extended to January 31, 2032; investment target due December 31, 2031
- Renews
- On record
- Vendor
- Ford Motor Company
- Source document
- Kentucky Economic Development Finance Authority Minutes Board Meeting 2026-06-25 (Minutes)
Ford Motor Company's other public contracts
More Kentucky Economic Development Finance Authority | Commonwealth of Kentucky contracts
Questions about this contract
Who was awarded the government contract by Kentucky Economic Development Finance Authority | Commonwealth of Kentucky?
Ford Motor Company was awarded this government contract by Kentucky Economic Development Finance Authority | Commonwealth of Kentucky, as recorded on June 25, 2026. The contract value is Increased negotiated tax incentive amount of $578,000,000; projected seventh supplemental investment $3,900,000,000.
How much is the Ford Motor Company contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky worth?
The Ford Motor Company contract with Kentucky Economic Development Finance Authority | Commonwealth of Kentucky is valued at Increased negotiated tax incentive amount of $578,000,000; projected seventh supplemental investment $3,900,000,000.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Kentucky Economic Development Finance Authority Minutes Board Meeting 2026-06-25 (Minutes), dated June 25, 2026 from Kentucky Economic Development Finance Authority | Commonwealth of Kentucky. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ford Motor Company hold?
Ford Motor Company 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 Kentucky Economic Development Finance Authority | Commonwealth of Kentucky currently buying?
Explore Kentucky Economic Development Finance Authority | Commonwealth of Kentucky's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.