CONTRACTAPPROVED

American Cord Awarded Up to $350,000 Rebuild Credits

Rhode Island Industrial Facilities Corporation (Riifc) logoRhode Island Industrial Facilities Corporation (Riifc)
Disclosed value
Not to exceed $350,000
From agenda
Approved
Nov 2, 2026
Renews
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The 30-second brief

What it covers

The Rhode Island Commerce Corporation approved up to $350,000 in Rebuild Rhode Island tax credits for American Cord and Webbing Co., Inc. The Woonsocket expansion is also eligible for a sales and use tax exemption that reduces the credit amount dollar for dollar.

Who holds it

American Cord & Webbing Co Inc holds this contract with Rhode Island Industrial Facilities Corporation (Riifc). Its other public contracts on record include work for Rhode Island Commerce Corporation | State of Rhode Island.

What happens next

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Contract details

Amount
Not to exceed $350,000
Document date
November 2, 2026
Term
Incentive agreement must be executed within 270 days of November 2, 2026; QJI jobs maintained through at least 2039
Renews
On record
Vendor
American Cord & Webbing Co Inc
Source document
Rhode Island Commerce Corporation Agenda November 2, 2026 (Agenda)

American Cord & Webbing Co Inc's other public contracts

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Questions about this contract

Who was awarded the government contract by Rhode Island Industrial Facilities Corporation (Riifc)?

American Cord & Webbing Co Inc was awarded this government contract by Rhode Island Industrial Facilities Corporation (Riifc), as recorded on November 2, 2026. The contract value is Not to exceed $350,000.

How much is the American Cord & Webbing Co Inc contract with Rhode Island Industrial Facilities Corporation (Riifc) worth?

The American Cord & Webbing Co Inc contract with Rhode Island Industrial Facilities Corporation (Riifc) is valued at Not to exceed $350,000.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Rhode Island Commerce Corporation Agenda November 2, 2026 (Agenda), dated November 2, 2026 from Rhode Island Industrial Facilities Corporation (Riifc). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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