EDTIF Tax Credit Recommended for KIHOMAC Expansion
- Disclosed value
- Not to exceed $1,545,040
- From agendapacket
- Document date
- Sep 10, 2026
- Term
- 7 years
The 30-second brief
The Governor’s Office of Economic Development Board recommended awarding KIHOMAC, Inc. an EDTIF post-performance refundable tax credit of up to $1,545,040. The incentive would cover seven years and support 177 projected jobs and aerospace and defense operations in Davis County.
Kihomac Inc holds this contract with Utah GOED Business Development Board | State of Utah. Its other public contracts on record include work for City of Layton and Davis County.
Term as filed: 7 years.
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Contract details
- Amount
- Not to exceed $1,545,040
- Document date
- September 10, 2026
- Term
- 7 years
- Vendor
- Kihomac Inc
- Source document
- Governor's Office of Economic Development AgendaPacket Board Meeting September 10 2026 (AgendaPacket)
Kihomac Inc's other public contracts
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?
Kihomac Inc was awarded this government contract by Utah GOED Business Development Board | State of Utah, as recorded on September 10, 2026. The contract value is Not to exceed $1,545,040.
How much is the Kihomac Inc contract with Utah GOED Business Development Board | State of Utah worth?
The Kihomac Inc contract with Utah GOED Business Development Board | State of Utah is valued at Not to exceed $1,545,040.
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 Board Meeting September 10 2026 (AgendaPacket), dated September 10, 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 Kihomac Inc hold?
Kihomac 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.