County tightens hotel incentive performance agreement
Bedford CountyCounty · Bedford, VA- Disclosed value
- $552,000 in total incentives, reduced by $7,617.60 per month after 2025-12-31 until opening
- From agendapacket
- Document date
- Oct 28, 2025
The 30-second brief
Bedford County modified its 2023 performance agreement with DDay Omstay for a business-class hotel in the Town of Bedford, keeping the substantial completion deadline at December 31, 2025. Instead of granting a one-year extension, the County will reduce the $552,000 incentive package by $7,617.60 for every month the hotel remains unopened after January 1, 2026.
Dday Omstay holds this financial services contract with Bedford County. Its other public contracts on record include work for Town of Bedford.
Term as filed: Performance agreement dated June 27, 2023 with substantial completion deadline of December 31, 2025 for hotel project.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $552,000 in total incentives, reduced by $7,617.60 per month after 2025-12-31 until opening
- Document date
- October 28, 2025
- Term
- Performance agreement dated June 27, 2023 with substantial completion deadline of December 31, 2025 for hotel project
- Vendor
- Dday Omstay
- Agency
- Bedford County
- Source document
- Bedford County Board of Supervisors AgendaPacket 2025-10-28 (AgendaPacket)
Dday Omstay's other public contracts
More Bedford County contracts
Questions about this contract
Who was awarded the financial services contract by Bedford County?
Dday Omstay was awarded this financial services contract by Bedford County, as recorded on October 28, 2025. The contract value is $552,000 in total incentives, reduced by $7,617.60 per month after 2025-12-31 until opening.
How much is the Dday Omstay contract with Bedford County worth?
The Dday Omstay contract with Bedford County is valued at $552,000 in total incentives, reduced by $7,617.60 per month after 2025-12-31 until opening, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Bedford County Board of Supervisors AgendaPacket 2025-10-28 (AgendaPacket), dated October 28, 2025 from Bedford County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Dday Omstay hold?
Dday Omstay 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 Bedford County currently buying?
Explore Bedford County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.