CONTRACTAPPROVED

Peterson Brands Receives 15-Year State Tax Exemption

Michigan Strategic Fund Board of Directors | State of Michigan logoMichigan Strategic Fund Board of Directors | State of Michigan
Disclosed value
Estimated exemption value up to $576,970 for $26,200,000 in eligible investment
From agenda
Approved
Mar 25, 2025
Term
15 years

The 30-second brief

What it covers

The Michigan Strategic Fund approved a 15-year, 100% State Essential Services Assessment exemption for Peterson Brands, LLC. The exemption has an estimated value of up to $576,970 on $26.2 million of eligible investment.

Who holds it

Peterson Brands LLC holds this contract with Michigan Strategic Fund Board of Directors | State of Michigan. Its other public contracts on record include work for Michigan Department of Agriculture & Rural Development | Michigan Commission of Agriculture and Rural Development and Michigan Department of Agriculture & Rural Development | Migrant Labor Housing Advisory Board.

What happens next

Term as filed: 15 years.

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Contract details

Amount
Estimated exemption value up to $576,970 for $26,200,000 in eligible investment
Document date
March 25, 2025
Term
15 years
Source document
Michigan Strategic Fund Board Meeting Agenda March 25, 2025 (Agenda)

Peterson Brands LLC's other public contracts

More Michigan Strategic Fund Board of Directors | State of Michigan contracts

Questions about this contract

Who was awarded the government contract by Michigan Strategic Fund Board of Directors | State of Michigan?

Peterson Brands LLC was awarded this government contract by Michigan Strategic Fund Board of Directors | State of Michigan, as recorded on March 25, 2025. The contract value is Estimated exemption value up to $576,970 for $26,200,000 in eligible investment.

How much is the Peterson Brands LLC contract with Michigan Strategic Fund Board of Directors | State of Michigan worth?

The Peterson Brands LLC contract with Michigan Strategic Fund Board of Directors | State of Michigan is valued at Estimated exemption value up to $576,970 for $26,200,000 in eligible investment.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Michigan Strategic Fund Board Meeting Agenda March 25, 2025 (Agenda), dated March 25, 2025 from Michigan Strategic Fund Board of Directors | State of Michigan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Peterson Brands LLC hold?

Peterson Brands 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 Michigan Strategic Fund Board of Directors | State of Michigan currently buying?

Explore Michigan Strategic Fund Board of Directors | State of Michigan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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