Penn Credit Approved for $1.05M Tax Collections
Maryland Board of Public Works | State of MarylandState · Annapolis, MD- Disclosed value
- $1,050,000 total estimated; $350,000 retroactive and $700,000 proactive
- From agenda
- Document date
- May 6, 2026
- Renews
- Free account
The 30-second brief
The Board approved Penn Credit Corporation's retroactive and proactive tax-collection agreement, with total estimated compensation of $1.05 million through May 2028.
Penn Credit Corporation holds this professional services contract with Maryland Board of Public Works | State of Maryland. Its other public contracts on record include work for City of Lake Wales.
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Contract details
- Contract type
- Professional Services
- Amount
- $1,050,000 total estimated; $350,000 retroactive and $700,000 proactive
- Document date
- May 6, 2026
- Term
- Retroactive: 6/1/2025 - 5/6/2026; Proactive: 5/7/2026 - 5/31/2028
- Renews
- On record
- Vendor
- Penn Credit Corporation
- Source document
- Board of Public Works Agenda 2026-05-06 (Agenda)
Penn Credit Corporation's other public contracts
More Maryland Board of Public Works | State of Maryland contracts
Questions about this contract
Who was awarded the professional services contract by Maryland Board of Public Works | State of Maryland?
Penn Credit Corporation was awarded this professional services contract by Maryland Board of Public Works | State of Maryland, as recorded on May 6, 2026. The contract value is $1,050,000 total estimated; $350,000 retroactive and $700,000 proactive.
How much is the Penn Credit Corporation contract with Maryland Board of Public Works | State of Maryland worth?
The Penn Credit Corporation contract with Maryland Board of Public Works | State of Maryland is valued at $1,050,000 total estimated; $350,000 retroactive and $700,000 proactive, covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Board of Public Works Agenda 2026-05-06 (Agenda), dated May 6, 2026 from Maryland Board of Public Works | State of Maryland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Penn Credit Corporation hold?
Penn Credit Corporation 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 Maryland Board of Public Works | State of Maryland currently buying?
Explore Maryland Board of Public Works | State of Maryland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.