Woodlands Township Awards Financial Services Contract to Bionova Scientific LLC (June 2024)
- Disclosed value
- $56.1 Million (investment value)
- From agendapacket
- Approved
- Jun 26, 2024
- Renews
- Free account
The 30-second brief
The Woodlands Township approved a tax abatement agreement with Bionova Scientific LLC supporting construction of a 100,000-square-foot life sciences manufacturing facility valued at an estimated $56.1 million. The multi-year abatement, running roughly 2026–2032 with compliance through 2038, is tied to job creation, payroll, and investment thresholds.
Bionova Scientific 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.
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Contract details
- Contract type
- Financial Services
- Amount
- $56.1 Million (investment value)
- Document date
- June 26, 2024
- Term
- Base year 2024; abatement years 2026–2032; facility use through 2038
- Renews
- Free account
- Vendor
- Bionova Scientific LLC
- Agency
- Woodlands Township
- Source document
- The Woodlands Township AgendaPacket Regular Board Meeting 2024-06-26 (AgendaPacket)
Bionova Scientific LLC's other public contracts
More Woodlands Township contracts
Questions about this contract
Who was awarded the financial services contract by Woodlands Township?
Bionova Scientific LLC was awarded this financial services contract by Woodlands Township, as recorded on June 26, 2024. The contract value is $56.1 Million (investment value).
How much is the Bionova Scientific LLC contract with Woodlands Township worth?
The Bionova Scientific LLC contract with Woodlands Township is valued at $56.1 Million (investment 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.
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What other contracts does Bionova Scientific LLC hold?
Bionova Scientific 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.