Commerce Board Approves Job Incentives for SEACORP

The Rhode Island Commerce Corporation approved Qualified Jobs Incentive Act benefits for SEACORP LLC. The award is capped at $1 million and supports the company’s commitment to create 49 new Rhode Island jobs.

Document date · August 24, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Capped at $1 million; tax credits not to exceed $7,500 per new full-time job annually

Contract type

OTHER

Contract term

49 new full-time Rhode Island jobs; annual tax-credit eligibility under the Qualified Jobs Incentive Act

Renewal

Incentive agreement(s) must be executed after approval; no renewal or extension terms were stated.

Document type

Minutes

Source document

Rhode Island Commerce Corporation Minutes Board of Directors Meeting 2026-08-24

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Rhode Island Commerce Corporation AgendaPacket Board of Directors Meeting 2026-08-24

APPROVED

Rhode Island Commerce Corporation | State of Rhode Island, Rhode IslandNot to exceed $7,500 per new full-time job annuallyAug 24, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Rhode Island Commerce Corporation | State of Rhode Island?

Seacorp Llc was awarded this government contract by Rhode Island Commerce Corporation | State of Rhode Island, as recorded on August 24, 2026. The contract value is Capped at $1 million; tax credits not to exceed $7,500 per new full-time job annually.

How much is the Seacorp Llc contract with Rhode Island Commerce Corporation | State of Rhode Island worth?

The Seacorp Llc contract with Rhode Island Commerce Corporation | State of Rhode Island is valued at Capped at $1 million; tax credits not to exceed $7,500 per new full-time job annually.

What type of contract is this?

This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Rhode Island Commerce Corporation Minutes Board of Directors Meeting 2026-08-24 (Minutes), dated August 24, 2026 from Rhode Island Commerce Corporation | State of Rhode Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Seacorp Llc hold?

Seacorp 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.

View Seacorp Llc's profile

What is Rhode Island Commerce Corporation | State of Rhode Island currently buying?

Explore Rhode Island Commerce Corporation | State of Rhode Island's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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