CONTRACTAWARDED

Octa village Awards Financial Services Contract to Trescal Inc (March 2025)

Octa village
Disclosed value
Up to a cumulative credit of $350,000.00 over 7 years
From agenda
Awarded
Mar 25, 2025
Renews
Free account

The 30-second brief

What it covers

Oakwood entered into a Job Creation Tax Credit Agreement with Trescal, Inc., offering up to $350,000 in payroll tax credits over seven years for creating 32 jobs and maintaining at least $1.5 million in annual payroll. The company will lease facilities in the village for its Cleveland-area operations.

Who holds it

Trescal Inc holds this financial services contract with Octa village. Its other public contracts on record include work for Town of Oakwood.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Octa village contract.

Renewal date on recordLocked

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Contract details

Contract type
Financial Services
Amount
Up to a cumulative credit of $350,000.00 over 7 years
Document date
March 25, 2025
Term
7 years of job creation tax credits commencing in 2024, expiring no later than December 31, 2031
Renews
Free account
Source document
octa-village-pt-agenda-2025-03-25_350.pdf (Agenda)

Trescal Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Octa village?

Trescal Inc was awarded this financial services contract by Octa village, as recorded on March 25, 2025. The contract value is Up to a cumulative credit of $350,000.00 over 7 years.

How much is the Trescal Inc contract with Octa village worth?

The Trescal Inc contract with Octa village is valued at Up to a cumulative credit of $350,000.00 over 7 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 octa-village-pt-agenda-2025-03-25_350.pdf (Agenda), dated March 25, 2025 from Octa village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Trescal Inc hold?

Trescal 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.

What is Octa village currently buying?

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

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