Mississippi County Awards Facilities Contract to FRIGORTEC (August 2022)
Mississippi CountyCounty · AR- Disclosed value
- Up to $375,000.00 incentive; $500,000.00 building purchase option; improvements credit up to $125,000.00; $10.00 per year lease
- From meeting minutes
- Approved
- Aug 23, 2022
The 30-second brief
Mississippi County approved an incentive agreement with Frigortec that includes a $10-per-year triple-net lease of the Snider Building for five years, up to $375,000 in job-based incentives, and improvement credits up to $125,000. Frigortec will have the option to purchase the building for $500,000 minus earned credits.
FRIGORTEC holds this facilities contract with Mississippi County. Its other public contracts on record include work for Mississippi county Public Facilities Board.
Term as filed: Triple-net lease for five years with option for two additional years.
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Contract details
- Contract type
- Facilities
- Amount
- Up to $375,000.00 incentive; $500,000.00 building purchase option; improvements credit up to $125,000.00; $10.00 per year lease
- Document date
- August 23, 2022
- Term
- Triple-net lease for five years with option for two additional years
- Vendor
- FRIGORTEC
- Agency
- Mississippi County
- Source document
- mississippi-county-meeting-minutes-2022-08-23_cbe.pdf (Meeting Minutes)
FRIGORTEC's other public contracts
More Mississippi County contracts
Questions about this contract
Who was awarded the facilities contract by Mississippi County?
FRIGORTEC was awarded this facilities contract by Mississippi County, as recorded on August 23, 2022. The contract value is Up to $375,000.00 incentive; $500,000.00 building purchase option; improvements credit up to $125,000.00; $10.00 per year lease.
How much is the FRIGORTEC contract with Mississippi County worth?
The FRIGORTEC contract with Mississippi County is valued at Up to $375,000.00 incentive; $500,000.00 building purchase option; improvements credit up to $125,000.00; $10.00 per year lease, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in mississippi-county-meeting-minutes-2022-08-23_cbe.pdf (Meeting Minutes), dated August 23, 2022 from Mississippi County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does FRIGORTEC hold?
FRIGORTEC 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 Mississippi County currently buying?
Explore Mississippi County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.