FINANCIAL_SERVICESAPPROVED

St. Landry Parish Awards Financial Services Contract to Wal-mart Stores East Lp (May 2026)

The St. Landry Parish Council approved a Payment in Lieu of Tax and lease‑purchase agreement with Wal-Mart Stores East, LP tied to a $276 million expansion of its distribution facility. The deal provides a 50% ad valorem tax abatement while securing roughly $400,000 per year for the parish and converts Wal‑Mart to a full property‑tax payer until the new PILOT starts.

Status
APPROVED
Document date
May 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wal-mart Stores East Lp
Agency
St. Landry Parish · LA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Estimated $276,000,000 investment; parish share about $400,000 per year starting 2028; currently about $600,000 per year in full ad valorem taxes parish‑wide
Contract type
FINANCIAL_SERVICES
Contract term
Pilot (Payment in Lieu of Tax) period discussed as approximately 10–12 years beginning when construction commences (expected 2027) with taxes collected beginning 2028
Renewal
PILOT payments will be set as fixed annual dollar amounts based on an anticipated $276 million capital investment, with a provision to revisit and adjust the payment schedule after approximately 10–12 years based on the actual total investment. The 50% tax abatement applies during the PILOT term only; current agreement replaces a 1999 arrangement under which Wal-Mart previously paid no ad valorem tax.
Document type
Agenda
Source document
St. Landry Parish Council Agenda 2026-05-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by St. Landry Parish?

Wal-mart Stores East Lp was awarded this financial services contract by St. Landry Parish, as recorded on May 20, 2026. The contract value is Estimated $276,000,000 investment; parish share about $400,000 per year starting 2028; currently about $600,000 per year in full ad valorem taxes parish‑wide.

How much is the Wal-mart Stores East Lp contract with St. Landry Parish worth?

The Wal-mart Stores East Lp contract with St. Landry Parish is valued at Estimated $276,000,000 investment; parish share about $400,000 per year starting 2028; currently about $600,000 per year in full ad valorem taxes parish‑wide, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in St. Landry Parish Council Agenda 2026-05-20 (Agenda), dated May 20, 2026 from St. Landry Parish. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wal-mart Stores East Lp hold?

Wal-mart Stores East Lp 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 Wal-mart Stores East Lp's profile

What is St. Landry Parish currently buying?

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

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