CONTRACTPENDING

Paysafe eyes Jacksonville for headquarters relocation

Disclosed value: $1,500,000; From agenda
Document date: Dec 13, 2022
Term: $5,000,000

What it covers

The City of Jacksonville is considering an economic development agreement with Paysafe Payment Processing Solutions LLC. The agreement includes a Headquarters Relocation Grant of up to $1,500,000, a Headquarters Retention Grant of up to $5,000,000, and an Employment Creation Grant of up to $3,600,000, calculated at $6,000 per new job, capped at 600 new jobs.

Who holds it

Paysafe Payment Processing Solutions holds this economic development contract with City of Jacksonville. Its other public contracts on record include work for Town of Southampton and Duval County.

What happens next

Term as filed: $5,000,000.

See who signed off on this $1.5M contract.

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Contract details

Contract type: Economic Development
Amount: $1,500,000
Document date: December 13, 2022
Term: $5,000,000
Vendor: Paysafe Payment Processing Solutions
Agency: City of Jacksonville
Source document: city_council_regular_meeting_agenda_december_13_20.pdf (Agenda)

Paysafe Payment Processing Solutions's other public contracts

Town of Southampton, New YorkPaysafe to Process Fees for Town Programs · Feb 11, 2025Undisclosed Town of Southampton, New YorkPaysafe Payment Processing handles fee processing · Feb 11, 2025Undisclosed City of Jacksonville, FloridaPaysafe Receives $10.1M for HQ Relocation · Nov 20, 2023$10.1M Duval County, FloridaPaysafe to relocate headquarters with $6.5M incentives · Dec 13, 2022$1.5M City of Jacksonville, FloridaPaysafe Relocates Headquarters with $6.5M City Grant · Dec 13, 2022$6.5M All Paysafe Payment Processing Solutions contractsVendor profile

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Questions about this contract

Who was awarded the economic development contract by City of Jacksonville?

Paysafe Payment Processing Solutions was awarded this economic development contract by City of Jacksonville, as recorded on December 13, 2022. The contract value is $1,500,000.

How much is the Paysafe Payment Processing Solutions contract with City of Jacksonville worth?

The Paysafe Payment Processing Solutions contract with City of Jacksonville is valued at $1,500,000, covering economic development work.

What type of contract is this?

This is a Economic Development contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_council_regular_meeting_agenda_december_13_20.pdf (Agenda), dated December 13, 2022 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Paysafe Payment Processing Solutions hold?

Paysafe Payment Processing Solutions 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 Jacksonville currently buying?

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

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