Partial $250K Tax Credit Recapture from 5th Axis, Inc. | Governor s Office of Business and Economic Development | State of California | 5TH AXIS INC

Partial $250K Tax Credit Recapture from 5th Axis, Inc.

GO-Biz recommends that the Committee recapture $250,000 in California Competes tax credits from 5th Axis, Inc. following the expiration of its 2025 tax year agreement with unearned incentives. The action involves a portion of a larger $3,500,000 award for metal product manufacturing in San Diego.

Document date · June 18, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$250,000

Contract type

FINANCIAL_SERVICES

Contract term

Through end of 2025 tax year

Renewal date

2025-12-31

Renewal

Agreement expired at end of 2025 tax year; unearned portion of the award is recommended for recapture.

Document type

Agenda

Source document

Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2026-06-18

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Governor's Office of Business and Economic Development Committee Meeting Minutes 2026-06-18

AMENDED

Governor s Office of Business and Economic Development, California$250,000 tax credit recaptured (original award $3,500,000)Jun 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Governor s Office of Business and Economic Development | State of California?

5th Axis Inc was awarded this financial services contract by Governor s Office of Business and Economic Development | State of California, as recorded on June 18, 2026. The contract value is $250,000.

How much is the 5th Axis Inc contract with Governor s Office of Business and Economic Development | State of California worth?

The 5th Axis Inc contract with Governor s Office of Business and Economic Development | State of California is valued at $250,000, 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 Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2026-06-18 (Agenda), dated June 18, 2026 from Governor s Office of Business and Economic Development | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 5th Axis Inc hold?

5th Axis 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.

View 5th Axis Inc's profile

What is Governor s Office of Business and Economic Development | State of California currently buying?

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