CONTRACTPENDING

CRA considers Silo Park tax increment agreement

Disclosed value: $51,486,631; From agendapacket
Document date: Jun 9, 2026

What it covers

Salt Lake City’s CRA is evaluating a tax increment reimbursement agreement term sheet with BCG TBD Manager, LLC as part of the Silo Park Development in the Salt Lake Central HTRZ. The proposal seeks up to $51,486,631 over 25 years to reimburse eligible infrastructure, parking, and enhanced residential costs at a 90% participation rate, subject to sustainability policy waivers and conditions.

Who holds it

Bcg Tbd Manager LLC holds this financial services contract with Salt Lake City Corporation. Its other public contracts on record include work for City of Salt Lake.

What happens next

Term as filed: 25 consecutive years per phase over a 45-year period (HTRZ duration); reimbursement over 25 years capped at $51,486,631.

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Contract details

Contract type: Financial Services
Amount: $51,486,631
Document date: June 9, 2026
Term: 25 consecutive years per phase over a 45-year period (HTRZ duration); reimbursement over 25 years capped at $51,486,631
Vendor: Bcg Tbd Manager LLC
Agency: Salt Lake City Corporation
Source document: Salt Lake City Community Reinvestment Agency Agenda Packet 2026-06-09 (AgendaPacket)

Bcg Tbd Manager LLC's other public contracts

City of Salt Lake, UtahCRA Approves BCG Manager Silo Park Agreement · Oct 13, 2026Undisclosed Salt Lake City Corporation, UtahManager Entity Added to Silo Park TIF Agreement · Jul 14, 2026Undisclosed City of Salt Lake, UtahManager entity added to Silo Park TIF agreement · Jul 14, 2026Undisclosed City of Salt Lake, UtahJoint applicant seeks inclusion in Silo Park TIR deal · Jun 9, 2026 All Bcg Tbd Manager LLC contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Salt Lake City Corporation?

Bcg Tbd Manager LLC was awarded this financial services contract by Salt Lake City Corporation, as recorded on June 9, 2026. The contract value is $51,486,631.

How much is the Bcg Tbd Manager LLC contract with Salt Lake City Corporation worth?

The Bcg Tbd Manager LLC contract with Salt Lake City Corporation is valued at $51,486,631, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Salt Lake City Community Reinvestment Agency Agenda Packet 2026-06-09 (AgendaPacket), dated June 9, 2026 from Salt Lake City Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bcg Tbd Manager LLC hold?

Bcg Tbd Manager 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 Salt Lake City Corporation currently buying?

Explore Salt Lake City Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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