Year 3 Incentive Paid to Sid Tool Co.

MCDC paid a Year 3 incentive of $134,693.54 to Sid Tool Co. under a larger $1.8 million economic development commitment. The payment supports ongoing business investment and job creation in Midlothian.

Document date · August 27, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$134,693.54

Contract type

INCENTIVE

Renewal

Multi-year incentive agreement with total commitment of $1,800,000; Year 3 payment completed, further scheduled payments not detailed here.

Document type

AgendaPacket

Source document

Midlothian Community Development Corporation Agenda Packet 2026-08-27

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the incentive contract by City of Midlothian?

Sid Tool Co. was awarded this incentive contract by City of Midlothian, as recorded on August 27, 2026. The contract value is $134,693.54.

How much is the Sid Tool Co. contract with City of Midlothian worth?

The Sid Tool Co. contract with City of Midlothian is valued at $134,693.54, covering incentive work.

What type of contract is this?

This is a Incentive contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Midlothian Community Development Corporation Agenda Packet 2026-08-27 (AgendaPacket), dated August 27, 2026 from City of Midlothian. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sid Tool Co. hold?

Sid Tool Co. 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 Sid Tool Co.'s profile

What is City of Midlothian currently buying?

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

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