Woodlands Township Awards Financial Services Contract to Aventus Development LLC (June 2024)
Woodlands TownshipCity · Spring, TX- Disclosed value
- $56.1 Million (shared project value)
- From agendapacket
- Approved
- Jun 26, 2024
- Renews
- Free account
The 30-second brief
The Woodlands Township entered into a tax abatement agreement with Aventus Development LLC, alongside Bionova Scientific, to support land acquisition and development of a 100,000-square-foot life sciences manufacturing facility. The agreement provides phased tax relief through 2032 contingent on investment and employment commitments and continuous facility operation through 2038.
Aventus Development LLC holds this financial services contract with Woodlands Township. Its other public contracts on record include work for Montgomery County.
The renewal date is on record. A free account shows it, with the renewals for every Woodlands Township contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $56.1 Million (shared project value)
- Document date
- June 26, 2024
- Term
- Base year 2024; abatement years 2026–2032; facility use through 2038
- Renews
- Free account
- Vendor
- Aventus Development LLC
- Agency
- Woodlands Township
- Source document
- The Woodlands Township AgendaPacket Regular Board Meeting 2024-06-26 (AgendaPacket)
Aventus Development LLC's other public contracts
More Woodlands Township contracts
Questions about this contract
Who was awarded the financial services contract by Woodlands Township?
Aventus Development LLC was awarded this financial services contract by Woodlands Township, as recorded on June 26, 2024. The contract value is $56.1 Million (shared project value).
How much is the Aventus Development LLC contract with Woodlands Township worth?
The Aventus Development LLC contract with Woodlands Township is valued at $56.1 Million (shared project value), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in The Woodlands Township AgendaPacket Regular Board Meeting 2024-06-26 (AgendaPacket), dated June 26, 2024 from Woodlands Township. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Aventus Development LLC hold?
Aventus Development 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.
What is Woodlands Township currently buying?
Explore Woodlands Township's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.