Gilbert Considers Purdue Pharmaceutical Opioid Settlement
- Disclosed value
- Sackler family aggregate payments of $6.5 billion over 15 years; approximately $900 million expected from the Purdue estate on the Effective Date
- From agenda
- Document date
- Sep 9, 2025
The 30-second brief
The Town of Gilbert is considering approval of an opioid settlement agreement with Purdue Pharmaceutical and its affiliates. The settlement contemplates payments over 15 years, including amounts from the Sackler family and the Purdue estate, for opioid remediation and prevention.
Purdue Pharmaceutical holds this contract with Town of Gilbert. Its other public contracts on record include work for Harnett County and Town of Atkinson.
Term as filed: 15 years; Effective Date currently expected in 2026.
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Contract details
- Amount
- Sackler family aggregate payments of $6.5 billion over 15 years; approximately $900 million expected from the Purdue estate on the Effective Date
- Document date
- September 9, 2025
- Term
- 15 years; Effective Date currently expected in 2026
- Vendor
- Purdue Pharmaceutical
- Agency
- Town of Gilbert
- Source document
- Town of Gilbert Council Meeting Agenda September 9, 2025 (Agenda)
Purdue Pharmaceutical's other public contracts
More Town of Gilbert contracts
Questions about this contract
Who was awarded the government contract by Town of Gilbert?
Purdue Pharmaceutical was awarded this government contract by Town of Gilbert, as recorded on September 9, 2025. The contract value is Sackler family aggregate payments of $6.5 billion over 15 years; approximately $900 million expected from the Purdue estate on the Effective Date.
How much is the Purdue Pharmaceutical contract with Town of Gilbert worth?
The Purdue Pharmaceutical contract with Town of Gilbert is valued at Sackler family aggregate payments of $6.5 billion over 15 years; approximately $900 million expected from the Purdue estate on the Effective Date.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Town of Gilbert Council Meeting Agenda September 9, 2025 (Agenda), dated September 9, 2025 from Town of Gilbert. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Purdue Pharmaceutical hold?
Purdue Pharmaceutical 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 Gilbert currently buying?
Explore Town of Gilbert's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.