GOED Recommends REDTIF Credit for Valar Atomics
Utah GOED Business Development Board | State of UtahState · Salt Lake City, UT- Disclosed value
- Total REDTIF incentive not to exceed $106,737,499
- From agendapacket
- Document date
- Jul 9, 2026
- Term
- 10 years
- Renews
- Free account
The 30-second brief
The GOED Board recommended a post-performance REDTIF refundable tax credit for Valar Atomics Inc. of up to $106,737,499 over 10 years. The incentive would support an Emery County energy and advanced manufacturing project expected to create 275 jobs and $1.299 billion in capital investment.
Valar Atomics Inc holds this contract with Utah GOED Business Development Board | State of Utah. Its other public contracts on record include work for Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah.
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Contract details
- Amount
- Total REDTIF incentive not to exceed $106,737,499
- Document date
- July 9, 2026
- Term
- 10 years
- Renews
- On record
- Vendor
- Valar Atomics Inc
- Source document
- Governor's Office of Economic Development AgendaPacket Board Meeting 2026-07-09 (AgendaPacket)
Valar Atomics Inc's other public contracts
More Utah GOED Business Development Board | State of Utah contracts
Questions about this contract
Who was awarded the government contract by Utah GOED Business Development Board | State of Utah?
Valar Atomics Inc was awarded this government contract by Utah GOED Business Development Board | State of Utah, as recorded on July 9, 2026. The contract value is Total REDTIF incentive not to exceed $106,737,499.
How much is the Valar Atomics Inc contract with Utah GOED Business Development Board | State of Utah worth?
The Valar Atomics Inc contract with Utah GOED Business Development Board | State of Utah is valued at Total REDTIF incentive not to exceed $106,737,499.
What type of contract is this?
This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Governor's Office of Economic Development AgendaPacket Board Meeting 2026-07-09 (AgendaPacket), dated July 9, 2026 from Utah GOED Business Development Board | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Valar Atomics Inc hold?
Valar Atomics Inc 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 Utah GOED Business Development Board | State of Utah currently buying?
Explore Utah GOED Business Development Board | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.