Committee Weighs Additional $1.25M Recapture from PKL Services

Scope & details

The full contract record, as filed.

Contract amount

$1,250,000

Contract type

FINANCIAL_SERVICES

Contract term

Through end of 2024 tax year plus three-year maintenance period

Renewal date

2024-12-31

Renewal

Agreement expired at end of 2024 tax year; initial recapture of $550,000 was approved in June 2025, and a further $1,250,000 is now recommended due to maintenance shortfalls.

Document type

Agenda

Source document

Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2026-06-18

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Other contracts from Pkl Services Inc.

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Governor's Office of Business and Economic Development Committee Meeting Minutes 2026-06-18

AMENDED

Governor s Office of Business and Economic Development, California$1,250,000 additional tax credit recaptured (previously recaptured $550,000; original award $2,500,000)Jun 18, 2026

Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2025-06-12

Governor's Office of Business and Economic Development Minutes California Competes Tax Credit Committee Meeting 2025-06-12

APPROVED

Governor s Office of Business and Economic Development, California$2,500,000Jun 12, 2025

Governor's Office of Business and Economic Development Minutes California Competes Tax Credit Committee Meeting 2025-06-12

AMENDED

Governor s Office of Business and Economic Development, California$550,000Jun 12, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Governor s Office of Business and Economic Development?

Pkl Services Inc was awarded this financial services contract by Governor s Office of Business and Economic Development, as recorded on June 18, 2026. The contract value is $1,250,000.

How much is the Pkl Services Inc contract with Governor s Office of Business and Economic Development worth?

The Pkl Services Inc contract with Governor s Office of Business and Economic Development is valued at $1,250,000, 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 Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2026-06-18 (Agenda), dated June 18, 2026 from Governor s Office of Business and Economic Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pkl Services Inc hold?

Pkl Services 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.

View Pkl Services Inc's profile

What is Governor s Office of Business and Economic Development currently buying?

Explore Governor s Office of Business and Economic Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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