Town of East Spencer Awards Construction Contract to TECTONIC (August 2024)
Town of East SpencerCity · NC- Disclosed value
- $750,000 (projected total relocation cost); Town contribution $100,000 grant
- From meeting minutes
- Approved
- Aug 5, 2024
The 30-second brief
The Town of East Spencer approved an economic development grant supporting Tectonic, developer of the Rusher property, to help cover additional sewer line relocation costs estimated at about $750,000. The Town will contribute $100,000 toward the relocation, with the developer and other governments expected to fund the balance to keep the project moving forward.
TECTONIC holds this construction contract with Town of East Spencer. Its other public contracts on record include work for Nyack Union Free School District and Carmel Wd 8.
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Contract details
- Contract type
- Construction
- Amount
- $750,000 (projected total relocation cost); Town contribution $100,000 grant
- Document date
- August 5, 2024
- Vendor
- TECTONIC
- Agency
- Town of East Spencer
- Source document
- town-of-east-spencer-meeting-minutes-2024-08-05_0c7.pdf (Meeting Minutes)
TECTONIC's other public contracts
More Town of East Spencer contracts
Questions about this contract
Who was awarded the construction contract by Town of East Spencer?
TECTONIC was awarded this construction contract by Town of East Spencer, as recorded on August 5, 2024. The contract value is $750,000 (projected total relocation cost); Town contribution $100,000 grant.
How much is the TECTONIC contract with Town of East Spencer worth?
The TECTONIC contract with Town of East Spencer is valued at $750,000 (projected total relocation cost); Town contribution $100,000 grant, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-east-spencer-meeting-minutes-2024-08-05_0c7.pdf (Meeting Minutes), dated August 5, 2024 from Town of East Spencer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does TECTONIC hold?
TECTONIC 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 East Spencer currently buying?
Explore Town of East Spencer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.