City of Austin city Awards Financial Services Contract to Hid Global (March 2026)
- 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
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.
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.
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
- Vendor
- Hid Global
- Agency
- City of Austin city
- Source document
- City of Austin Economic Opportunity Committee Meeting Backup March 2026 (Report)
Hid Global's other public contracts
More City of Austin city contracts
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.