FINANCIAL_SERVICESONGOING

Passwaters Pays $122,500 Toward Heritage Shores Taxes

Passwaters Farms, LLC fulfilled its 2022-2023 obligation under a 2018 agreement with the Town of Bridgeville by remitting a $122,500 Passwaters Payment on April 1, 2022 to partially pay special taxes for 84 Heritage Shores homeowners. This payment reduces the special tax burden on eligible parcels and is incorporated into the district’s revenue calculations.

Status
ONGOING
Document date
May 25, 2022
Contract type
FINANCIAL_SERVICES
Vendor
Passwaters Farms Llc
Agency
Town of Bridgeville · DE

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$122,500 (Passwaters Payment for FY 2022-2023)
Contract type
FINANCIAL_SERVICES
Contract term
Annual payment due April 1, 2022 for Fiscal Year 2022-2023; ongoing yearly obligation under June 25, 2018 agreement
Renewal date
2023-04-01
Renewal
The June 25, 2018 agreement requires Passwaters to make annual Passwaters Payments each April 1 for applicable homeowners, following invoicing by the Administrator; the obligation continues each fiscal year per the agreement terms.
Document type
Report
Source document
Heritage Shores Special Development District Report May 2022

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Bridgeville?

Passwaters Farms Llc was awarded this financial services contract by Town of Bridgeville, as recorded on May 25, 2022. The contract value is $122,500 (Passwaters Payment for FY 2022-2023).

How much is the Passwaters Farms Llc contract with Town of Bridgeville worth?

The Passwaters Farms Llc contract with Town of Bridgeville is valued at $122,500 (Passwaters Payment for FY 2022-2023), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Heritage Shores Special Development District Report May 2022 (Report), dated May 25, 2022 from Town of Bridgeville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Passwaters Farms Llc hold?

Passwaters Farms 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 Passwaters Farms Llc's profile

What is Town of Bridgeville currently buying?

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

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