CONTRACTTERMINATED

County Terminates Canalside Deal With Savarino Companies

Madison County
Disclosed value
$1.5 million grant-funded project
From minutes
Document date
Oct 25, 2023

The 30-second brief

What it covers

Madison County and Savarino Companies mutually agreed to terminate their June 2022 development agreement for the Reimagine the Canals pocket neighborhood in Canastota after the firm announced it was going out of business. The Board authorized the Chairman to execute a termination agreement while preserving the ability to use previously spent grant funds for future redevelopment.

Who holds it

Savarino Companies holds this construction contract with Madison County. Its other public contracts on record include work for Village of Cassadaga.

What happens next

Term as filed: Development Agreement dated June 23, 2022; terminated effective upon execution of termination agreement authorized November 9, 2023.

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Contract details

Contract type
Construction
Amount
$1.5 million grant-funded project
Document date
October 25, 2023
Term
Development Agreement dated June 23, 2022; terminated effective upon execution of termination agreement authorized November 9, 2023
Source document
Madison County Planning, Economic Development, Environmental and Intergovernmental Affairs Committee Minutes 2023-10-25 (Minutes)

Savarino Companies's other public contracts

More Madison County contracts

Questions about this contract

Who was awarded the construction contract by Madison County?

Savarino Companies was awarded this construction contract by Madison County, as recorded on October 25, 2023. The contract value is $1.5 million grant-funded project.

How much is the Savarino Companies contract with Madison County worth?

The Savarino Companies contract with Madison County is valued at $1.5 million grant-funded project, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Madison County Planning, Economic Development, Environmental and Intergovernmental Affairs Committee Minutes 2023-10-25 (Minutes), dated October 25, 2023 from Madison County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Savarino Companies hold?

Savarino Companies 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 Madison County currently buying?

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

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