Town of Oakwood Awards Financial Services Contract to Trescal Inc (March 2025)
Town of OakwoodCity · OK- Disclosed value
- Up to $350,000 cumulative Job Creation Tax Credit; 50% withholding tax plus 50% net profits tax credits
- From agenda
- Approved
- Mar 25, 2025
- Renews
- Free account
The 30-second brief
Oakwood entered into a Job Creation Tax Credit Agreement with Trescal, Inc., offering up to $350,000 in withholding tax credits and a 50% net profits tax credit. In return, Trescal will locate its US headquarters in Oakwood and create at least 32 jobs with $1.5 million in annual payroll by the end of 2024.
Trescal Inc holds this financial services contract with Town of Oakwood. Its other public contracts on record include work for Octa village.
The renewal date is on record. A free account shows it, with the renewals for every Town of Oakwood contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $350,000 cumulative Job Creation Tax Credit; 50% withholding tax plus 50% net profits tax credits
- Document date
- March 25, 2025
- Term
- Job Creation Tax Credit through December 31, 2031; Net Profits Tax Credit through December 31, 2029
- Renews
- Free account
- Vendor
- Trescal Inc
- Agency
- Town of Oakwood
- Source document
- town-of-oakwood-agenda-2025-03-25_b0b.pdf (Agenda)
Trescal Inc's other public contracts
More Town of Oakwood contracts
Questions about this contract
Who was awarded the financial services contract by Town of Oakwood?
Trescal Inc was awarded this financial services contract by Town of Oakwood, as recorded on March 25, 2025. The contract value is Up to $350,000 cumulative Job Creation Tax Credit; 50% withholding tax plus 50% net profits tax credits.
How much is the Trescal Inc contract with Town of Oakwood worth?
The Trescal Inc contract with Town of Oakwood is valued at Up to $350,000 cumulative Job Creation Tax Credit; 50% withholding tax plus 50% net profits tax credits, 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 town-of-oakwood-agenda-2025-03-25_b0b.pdf (Agenda), dated March 25, 2025 from Town of Oakwood. 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 Town of Oakwood currently buying?
Explore Town of Oakwood's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.