CONTRACTCOMPLETED

City of Austin city Awards Financial Services Contract to Hid Global (March 2026)

City of Austin city logoCity of Austin city
Disclosed value
Award Approved $920,576; Award Paid to Date $1,007,209
From report
Document date
Mar 20, 2026
Term
10/2012 – 2/2025

The 30-second brief

What it covers

Austin’s Chapter 380 agreement with HID Global for its manufacturing and distribution center provided a 60% property tax reimbursement, ultimately paying $1.0 million in incentives. The uncapped structure tied payments to actual assessments and yielded nearly $2 million in property tax collections and close to $1 million in city revenue retained.

Who holds it

Hid Global holds this financial services contract with City of Austin city. Its other public contracts on record include work for Borough of Red Bank and Town of Tecumseh.

What happens next

Term as filed: 10/2012 – 2/2025.

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Contract details

Contract type
Financial Services
Amount
Award Approved $920,576; Award Paid to Date $1,007,209
Document date
March 20, 2026
Term
10/2012 – 2/2025
Source document
City of Austin Economic Opportunity Committee Meeting Backup March 2026 (Report)

Hid Global's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Austin city?

Hid Global was awarded this financial services contract by City of Austin city, as recorded on March 20, 2026. The contract value is Award Approved $920,576; Award Paid to Date $1,007,209.

How much is the Hid Global contract with City of Austin city worth?

The Hid Global contract with City of Austin city is valued at Award Approved $920,576; Award Paid to Date $1,007,209, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Austin Economic Opportunity Committee Meeting Backup March 2026 (Report), dated March 20, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hid Global hold?

Hid Global 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 City of Austin city currently buying?

Explore City of Austin city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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