CONTRACTAPPROVED

St. Mary's County Awards Financial Services Contract to Kihomac Inc (January 2026)

St. Mary's County logoSt. Mary's County
Disclosed value
Property tax credit not to exceed 25% of property tax for ten-year period
From agenda
Approved
Jan 6, 2026

The 30-second brief

What it covers

The Commissioners of St. Mary's County approved a Property Tax Challenge agreement granting KIHOMAC Inc. a property tax credit of up to 25% for ten years on its Lexington Park office property. The credit supports an estimated $1–1.5 million investment in structural repairs, renovations, sidewalks, and landscaping.

Who holds it

Kihomac Inc holds this financial services contract with St. Mary's County. Its other public contracts on record include work for Utah GOED Business Development Board | State of Utah and City of Layton.

What happens next

Term as filed: Ten-year property tax credit period from date of award.

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Contract details

Contract type
Financial Services
Amount
Property tax credit not to exceed 25% of property tax for ten-year period
Document date
January 6, 2026
Term
Ten-year property tax credit period from date of award
Source document
St. Mary's County Commissioners Meeting Agenda Jan 2026 (Agenda)

Kihomac Inc's other public contracts

More St. Mary's County contracts

Questions about this contract

Who was awarded the financial services contract by St. Mary's County?

Kihomac Inc was awarded this financial services contract by St. Mary's County, as recorded on January 6, 2026. The contract value is Property tax credit not to exceed 25% of property tax for ten-year period.

How much is the Kihomac Inc contract with St. Mary's County worth?

The Kihomac Inc contract with St. Mary's County is valued at Property tax credit not to exceed 25% of property tax for ten-year period, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in St. Mary's County Commissioners Meeting Agenda Jan 2026 (Agenda), dated January 6, 2026 from St. Mary's County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Kihomac Inc hold?

Kihomac 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.

What is St. Mary's County currently buying?

Explore St. Mary's County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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