City of Hays Awards Financial Services Contract to Triplett Inc (April 2026)
City of HaysCity · Hays, KS- Disclosed value
- Up to $4,217,507 TIF reimbursement plus up to $6,594,641 CID-eligible costs (combined incentives estimated $6,663,852 including IRB sales tax benefit)
- From agenda
- Approved
- Apr 9, 2026
The 30-second brief
The City of Hays is moving to approve a Development Agreement with Triplett, Inc. for the Exit 157 24-7 travel plaza, providing pay-as-you-go TIF and a 2.0% CID sales tax to reimburse eligible project costs. The agreement authorizes up to approximately $4.2 million in TIF reimbursements over 20 years and CID reimbursements over 22 years, supported solely by incremental property and sales taxes from the project.
Triplett Inc holds this financial services contract with City of Hays. Its other public contracts on record include work for City of Goodland.
Term as filed: TIF term up to 20 years; CID term up to 22 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $4,217,507 TIF reimbursement plus up to $6,594,641 CID-eligible costs (combined incentives estimated $6,663,852 including IRB sales tax benefit)
- Document date
- April 9, 2026
- Term
- TIF term up to 20 years; CID term up to 22 years
- Vendor
- Triplett Inc
- Agency
- City of Hays
- Source document
- City of Hays Commission Meeting Agenda April 9 2026 (Agenda)
Triplett Inc's other public contracts
More City of Hays contracts
Questions about this contract
Who was awarded the financial services contract by City of Hays?
Triplett Inc was awarded this financial services contract by City of Hays, as recorded on April 9, 2026. The contract value is Up to $4,217,507 TIF reimbursement plus up to $6,594,641 CID-eligible costs (combined incentives estimated $6,663,852 including IRB sales tax benefit).
How much is the Triplett Inc contract with City of Hays worth?
The Triplett Inc contract with City of Hays is valued at Up to $4,217,507 TIF reimbursement plus up to $6,594,641 CID-eligible costs (combined incentives estimated $6,663,852 including IRB sales tax benefit), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Hays Commission Meeting Agenda April 9 2026 (Agenda), dated April 9, 2026 from City of Hays. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Triplett Inc hold?
Triplett Inc 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 Hays currently buying?
Explore City of Hays's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.