CONTRACTRECOMMENDED

GOED Recommends REDTIF Incentive for Baxter Aerospace

Utah GOED Business Development Board | State of Utah logoUtah GOED Business Development Board | State of Utah
Disclosed value
Total REDTIF incentive not to exceed $456,939
From agendapacket
Document date
Oct 8, 2026
Term
5 years
Renews
Free account

The 30-second brief

What it covers

The Governor's Office of Economic Development Board recommended a REDTIF post-performance refundable tax credit for Baxter Aerospace, Inc. The incentive would provide up to $456,939 over five years, based on 30% of qualified new state tax revenue, for a project involving $19.55 million in capital investment and 90 jobs.

Who holds it

Baxter Aerospace Inc holds this contract with Utah GOED Business Development Board | State of Utah.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Utah GOED Business Development Board | State of Utah contract.

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Contract details

Amount
Total REDTIF incentive not to exceed $456,939
Document date
October 8, 2026
Term
5 years
Renews
Free account
Source document
Governor's Office of Economic Development AgendaPacket GOED Board Meeting October 8 2026 (AgendaPacket)

More Utah GOED Business Development Board | State of Utah contracts

Questions about this contract

Who was awarded the government contract by Utah GOED Business Development Board | State of Utah?

Baxter Aerospace Inc was awarded this government contract by Utah GOED Business Development Board | State of Utah, as recorded on October 8, 2026. The contract value is Total REDTIF incentive not to exceed $456,939.

How much is the Baxter Aerospace Inc contract with Utah GOED Business Development Board | State of Utah worth?

The Baxter Aerospace Inc contract with Utah GOED Business Development Board | State of Utah is valued at Total REDTIF incentive not to exceed $456,939.

What type of contract is this?

This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Governor's Office of Economic Development AgendaPacket GOED Board Meeting October 8 2026 (AgendaPacket), dated October 8, 2026 from Utah GOED Business Development Board | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Baxter Aerospace Inc hold?

Baxter Aerospace 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 Utah GOED Business Development Board | State of Utah currently buying?

Explore Utah GOED Business Development Board | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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