Housing Authority of Covington Awards Financial Services Contract to Global Business Solutions (April 2026)
Housing Authority of CovingtonLocal Housing Authority · Covington, KY- Disclosed value
- Estimated total incentive up to $279,753 over 10-year term, with payments only in Years 1–5
- From resolution
- Approved
- Apr 14, 2026
- Term
- January 1, 2027 – December 31, 2036
- Renews
- Free account
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THE 30-SECOND BRIEF
Covington approved a 10-year Job Development Incentive Agreement with Global Business Solutions, Inc., tied to its planned relocation and creation of 57+ jobs and $4 million in new payroll at 20 West 11th Street. The city will provide a 1.25% payroll-based incentive for up to five years, with a projected maximum benefit of about $279,753 if performance targets are met.
Global Business Solutions holds this financial services contract with Housing Authority of Covington. Its other public contracts on record include work for City of Covington and Covington CDA.
The renewal date is on record. A free account shows it, with the renewals for every Housing Authority of Covington contract.
Contract details
- Contract type
- Financial Services
- Amount
- Estimated total incentive up to $279,753 over 10-year term, with payments only in Years 1–5
- Document date
- April 14, 2026
- Term
- January 1, 2027 – December 31, 2036
- Renews
- Free account
- Source document
- City of Covington Commissioners Order ORD-xxx-2026 Job Development Incentive Agreement (Resolution)
Global Business Solutions's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Housing Authority of Covington?
Global Business Solutions was awarded this financial services contract by Housing Authority of Covington, as recorded on April 14, 2026. The contract value is Estimated total incentive up to $279,753 over 10-year term, with payments only in Years 1–5.
How much is the Global Business Solutions contract with Housing Authority of Covington worth?
The Global Business Solutions contract with Housing Authority of Covington is valued at Estimated total incentive up to $279,753 over 10-year term, with payments only in Years 1–5, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in City of Covington Commissioners Order ORD-xxx-2026 Job Development Incentive Agreement (Resolution), dated April 14, 2026 from Housing Authority of Covington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Global Business Solutions hold?
Global Business 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 Housing Authority of Covington currently buying?
Explore Housing Authority of Covington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.