CONTRACTPENDING

Paysafe to relocate headquarters with $6.5M incentives

Disclosed value: $1,500,000; From agenda
Document date: Dec 13, 2022
Term: $6,500,000

What it covers

Economic development agreement with Paysafe Payment Processing Solutions LLC to support the relocation of the company's national headquarters to the city. Includes a headquarters relocation grant of $1,500,000, a headquarters retention grant of $5,000,000, and an employment creation grant of up to $3,600,000.

Who holds it

Paysafe Payment Processing Solutions holds this economic development contract with Duval County. Its other public contracts on record include work for Town of Southampton and City of Jacksonville.

What happens next

Term as filed: $6,500,000.

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Contract details

Contract type: Economic Development
Amount: $1,500,000
Document date: December 13, 2022
Term: $6,500,000
Vendor: Paysafe Payment Processing Solutions
Agency: Duval County
Source document: city-of-jacksonville-council-agenda-december-13-2022_a75.pdf (Agenda)

Paysafe Payment Processing Solutions's other public contracts

Town of Southampton, New YorkPaysafe to Process Fees for Town Programs · Feb 11, 2025Undisclosed Town of Southampton, New YorkPaysafe Payment Processing handles fee processing · Feb 11, 2025Undisclosed City of Jacksonville, FloridaPaysafe Receives $10.1M for HQ Relocation · Nov 20, 2023$10.1M City of Jacksonville, FloridaPaysafe eyes Jacksonville for headquarters relocation · Dec 13, 2022$1.5M City of Jacksonville, FloridaPaysafe Relocates Headquarters with $6.5M City Grant · Dec 13, 2022$6.5M All Paysafe Payment Processing Solutions contractsVendor profile

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Questions about this contract

Who was awarded the economic development contract by Duval County?

Paysafe Payment Processing Solutions was awarded this economic development contract by Duval County, as recorded on December 13, 2022. The contract value is $1,500,000.

How much is the Paysafe Payment Processing Solutions contract with Duval County worth?

The Paysafe Payment Processing Solutions contract with Duval County is valued at $1,500,000, covering economic development work.

What type of contract is this?

This is a Economic Development contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-jacksonville-council-agenda-december-13-2022_a75.pdf (Agenda), dated December 13, 2022 from Duval County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Paysafe Payment Processing Solutions hold?

Paysafe Payment Processing 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 Duval County currently buying?

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

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