CONTRACTPENDING

County Considers Tax Incentive Grant for DC Blox

Guilford County logoGuilford County
Disclosed value
50% of tax revenue paid by DC Blox, and its clients, for an agreed upon period of years
From agenda
Document date
Oct 1, 2020

The 30-second brief

What it covers

Guilford County will hold a public hearing on a proposed economic development incentive grant to DC Blox equal to 50% of the tax revenue it and its clients pay, contingent on completion of facilities infrastructure. The incentive would be structured through a performance agreement detailing benchmarks and a payment schedule over an agreed period of years.

Who holds it

Dc Blox holds this financial services contract with Guilford County. Its other public contracts on record include work for City of Flagler Beach city and Jefferson County Commission.

What happens next

Term as filed: For an agreed upon period of years, contingent on completion of facilities infrastructure.

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Contract details

Contract type
Financial Services
Amount
50% of tax revenue paid by DC Blox, and its clients, for an agreed upon period of years
Document date
October 1, 2020
Term
For an agreed upon period of years, contingent on completion of facilities infrastructure
Vendor
Dc Blox
Source document
guilford_county_board_of_commissioners_meeting_age.pdf (Agenda)

Dc Blox's other public contracts

More Guilford County contracts

Questions about this contract

Who was awarded the financial services contract by Guilford County?

Dc Blox was awarded this financial services contract by Guilford County, as recorded on October 1, 2020. The contract value is 50% of tax revenue paid by DC Blox, and its clients, for an agreed upon period of years.

How much is the Dc Blox contract with Guilford County worth?

The Dc Blox contract with Guilford County is valued at 50% of tax revenue paid by DC Blox, and its clients, for an agreed upon period of years, 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 guilford_county_board_of_commissioners_meeting_age.pdf (Agenda), dated October 1, 2020 from Guilford County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Dc Blox hold?

Dc Blox 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 Guilford County currently buying?

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

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