CONTRACTAPPROVED

City of Raleigh Awards Financial Services Contract to Ralliant Corporation (April 2025)

Disclosed value: $36,000 (total over five years); From minutes
Approved: Apr 1, 2025
Renews: Mar 2027; Free account

What it covers

Raleigh approved a performance-based Business Investment Grant of up to $36,000 for Ralliant Corporation to support its headquarters relocation and expansion, contingent on 180 new high-wage jobs and more than $2.1 million in local investment by 2029. Payments will be made annually over five years once performance targets are met.

Who holds it

Ralliant Corporation holds this financial services contract with City of Raleigh. Its other public contracts on record include work for Wake County and Wake County Public Libraries.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Raleigh contract.

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Contract details

Contract type: Financial Services
Amount: $36,000 (total over five years)
Document date: April 1, 2025
Term: Five years of annual payments following job creation by December 31, 2029
Renews: Free account
Vendor: Ralliant Corporation
Agency: City of Raleigh
Source document: City of Raleigh Council Minutes 2025-04-01 (Minutes)

Ralliant Corporation's other public contracts

Wake County, North CarolinaBusiness Development Grant Approved for Ralliant Corporation · Mar 19, 2026Undisclosed Wake County Public Libraries, North CarolinaWake County Considers Business Grant for Ralliant · Mar 19, 2026Undisclosed Wake County, North CarolinaWake County Considers Development Grant for Ralliant Corporation · Mar 15, 2026Undisclosed City of Raleigh, North CarolinaCity Weighs Incentive Grant For Ralliant Headquarters Project · Apr 1, 2025 City of Raleigh, North CarolinaPublic hearing set for Ralliant incentive grant · Mar 18, 2025Undisclosed All Ralliant Corporation contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Raleigh?

Ralliant Corporation was awarded this financial services contract by City of Raleigh, as recorded on April 1, 2025. The contract value is $36,000 (total over five years).

How much is the Ralliant Corporation contract with City of Raleigh worth?

The Ralliant Corporation contract with City of Raleigh is valued at $36,000 (total over five years), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Raleigh Council Minutes 2025-04-01 (Minutes), dated April 1, 2025 from City of Raleigh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ralliant Corporation hold?

Ralliant Corporation 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 City of Raleigh currently buying?

Explore City of Raleigh's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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