Town of Catawba Awards Facilities Contract to CVCC (May 2024)
Town of CatawbaCity · NC- Disclosed value
- $8,200,000 (Purchase Price $6,500,000 plus $1,700,000 for operating expenses; $3,250,000 at closing and $3,250,000 by September 30, 2024 for purchase price; $850,000 at closing and $850,000 by September 30, 2024 for operating expenses)
- From meeting minutes
- Approved
- May 6, 2024
The 30-second brief
Catawba County Commissioners approved an $8.2 million Offer to Purchase and Contract with CVCC for acquisition of the East Campus facility, including purchase price and operating expense contributions. The agreement includes a 60‑day due diligence period and staged payments through September 30, 2024, and will support Cooperative Extension, Forestry, Soil & Water, and school uses.
CVCC holds this facilities contract with Town of Catawba. Its other public contracts on record include work for Greater Lynchburg Transit Company and Virginia Advisory Board on Service and Volunteerism.
Term as filed: Closing date plus payment by September 30, 2024; 60-day due diligence period.
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Contract details
- Contract type
- Facilities
- Amount
- $8,200,000 (Purchase Price $6,500,000 plus $1,700,000 for operating expenses; $3,250,000 at closing and $3,250,000 by September 30, 2024 for purchase price; $850,000 at closing and $850,000 by September 30, 2024 for operating expenses)
- Document date
- May 6, 2024
- Term
- Closing date plus payment by September 30, 2024; 60-day due diligence period
- Vendor
- CVCC
- Agency
- Town of Catawba
- Source document
- town-of-catawba-meeting-minutes-2024-05-06_246.pdf (Meeting Minutes)
CVCC's other public contracts
More Town of Catawba contracts
Questions about this contract
Who was awarded the facilities contract by Town of Catawba?
CVCC was awarded this facilities contract by Town of Catawba, as recorded on May 6, 2024. The contract value is $8,200,000 (Purchase Price $6,500,000 plus $1,700,000 for operating expenses; $3,250,000 at closing and $3,250,000 by September 30, 2024 for purchase price; $850,000 at closing and $850,000 by September 30, 2024 for operating expenses).
How much is the CVCC contract with Town of Catawba worth?
The CVCC contract with Town of Catawba is valued at $8,200,000 (Purchase Price $6,500,000 plus $1,700,000 for operating expenses; $3,250,000 at closing and $3,250,000 by September 30, 2024 for purchase price; $850,000 at closing and $850,000 by September 30, 2024 for operating expenses), covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-catawba-meeting-minutes-2024-05-06_246.pdf (Meeting Minutes), dated May 6, 2024 from Town of Catawba. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does CVCC hold?
CVCC 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 Town of Catawba currently buying?
Explore Town of Catawba's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.