CONTRACTAMENDED

Domtar Incentive Agreement Extended to 2026 for Investment Goals

Martin County logoMartin County
Disclosed value
Up to $2,864,228.00 (economic development investment policy grant)
From meeting minutes
Document date
Sep 8, 2021

The 30-second brief

What it covers

Martin County Commissioners amended their economic development incentive agreement with Domtar, extending the investment performance deadline to January 1, 2026. The agreement provides up to $2.86 million over eight years in exchange for at least $90.7 million in taxable investment and retention of 300 jobs.

Who holds it

DOMTAR holds this financial services contract with Martin County. Its other public contracts on record include work for Johnsonburg Municipal (Water And Sewer) Authority.

What happens next

Term as filed: Grant payout period not to exceed eight (8) years; investment performance deadline extended to January 1, 2026.

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Contract details

Contract type
Financial Services
Amount
Up to $2,864,228.00 (economic development investment policy grant)
Document date
September 8, 2021
Term
Grant payout period not to exceed eight (8) years; investment performance deadline extended to January 1, 2026
Vendor
DOMTAR
Source document
martin-county-meeting-minutes-2021-09-08_ba2.pdf (Meeting Minutes)

DOMTAR's other public contracts

More Martin County contracts

Questions about this contract

Who was awarded the financial services contract by Martin County?

DOMTAR was awarded this financial services contract by Martin County, as recorded on September 8, 2021. The contract value is Up to $2,864,228.00 (economic development investment policy grant).

How much is the DOMTAR contract with Martin County worth?

The DOMTAR contract with Martin County is valued at Up to $2,864,228.00 (economic development investment policy grant), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in martin-county-meeting-minutes-2021-09-08_ba2.pdf (Meeting Minutes), dated September 8, 2021 from Martin County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does DOMTAR hold?

DOMTAR 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 Martin County currently buying?

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

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