FINANCIAL_SERVICESAPPROVED

St. Landry Parish Awards Financial Services Contract to Wal-mart Stores East Lp (April 2026)

The St. Landry Parish Council approved a Payment in Lieu of Tax Agreement and related Lease and Purchase Agreement with Wal-Mart Stores East, LP for a planned $276 million investment at the Wal-Mart distribution facility. The deal provides a partial ad valorem tax abatement in exchange for fixed annual PILOT payments projected to generate roughly $400,000 per year for the parish over a 10–12 year term.

Status
APPROVED
Document date
April 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wal-mart Stores East Lp
Agency
St. Landry Parish · LA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$276,000,000.00 investment referenced; parish expects about $400,000/year beginning with 2027 taxable year
Contract type
FINANCIAL_SERVICES
Contract term
Pilot Agreement term referenced as 10–12 years, with payments starting when construction begins, expected 2027–2037/2039
Renewal
PILOT payments will be set as fixed annual amounts rather than percentages, with a provision to revisit and adjust the payment schedule after 10–12 years based on whether Wal-Mart’s actual capital investment meets or differs from the anticipated $276 million. Agreement includes audit clauses to verify investment levels and reported values.
Document type
Minutes
Source document
St. Landry Parish Council Minutes 2026-04-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by St. Landry Parish?

Wal-mart Stores East Lp was awarded this financial services contract by St. Landry Parish, as recorded on April 8, 2026. The contract value is $276,000,000.00 investment referenced; parish expects about $400,000/year beginning with 2027 taxable year.

How much is the Wal-mart Stores East Lp contract with St. Landry Parish worth?

The Wal-mart Stores East Lp contract with St. Landry Parish is valued at $276,000,000.00 investment referenced; parish expects about $400,000/year beginning with 2027 taxable year, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in St. Landry Parish Council Minutes 2026-04-08 (Minutes), dated April 8, 2026 from St. Landry Parish. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wal-mart Stores East Lp hold?

Wal-mart Stores East Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Wal-mart Stores East Lp's profile

What is St. Landry Parish currently buying?

Explore St. Landry Parish's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View St. Landry Parish's profile

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