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EDTIF Tax Incentive Approved for KIHOMAC

Utah GOED Business Development Board | State of Utah logoUtah GOED Business Development Board | State of Utah
Approved
Sep 10, 2026
Term
Not to exceed 7 years
Renews
Free account

The 30-second brief

What it covers

The Utah Governor’s Office of Economic Development Business Development Board approved KIHOMAC Inc.’s post-performance refundable EDTIF tax incentive. The incentive runs for up to seven years and provides a 27% reduction on qualifying new state tax revenue, with projected new state revenue of $5,722,371.

Who holds it

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.

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

Document date
September 10, 2026
Term
Not to exceed 7 years
Renews
Free account
Vendor
Kihomac Inc
Agency
Utah GOED Business Development Board | State of Utah
Source document
Utah GOED Business Development Board Minutes 2026-09-10 (Minutes)

Kihomac Inc's other public contracts

Utah GOED Business Development Board | State of Utah, UtahEDTIF Tax Credit Recommended for KIHOMAC Expansion · Sep 10, 2026City of Layton, UtahCity, Kihomac consider land-for-water credit agreement · Aug 20, 2026City of Layton, UtahLand and Water Credit Agreement with Kihomac Approved · Aug 6, 2026UndisclosedDavis County, Utah$10 Million Industrial Development Bonds for Kihomac, Inc. · Jun 2, 2026Davis County, UtahCounty Approves $10M Bond Financing for Kihomac · Jun 2, 2026All Kihomac Inc contractsVendor profile

More Utah GOED Business Development Board | State of Utah contracts

Icapital IncEconomic Development Zone Proposed for iCapital · Oct 8, 2026UndisclosedLunar Resources IncEconomic Development Zone Proposed for Lunar Resources · Oct 8, 2026UndisclosedBaxter Aerospace IncGOED Recommends REDTIF Incentive for Baxter Aerospace · Oct 8, 2026Gauss Management Research & Engineering Inc (Gmre Inc)EDTIF Tax Incentive Approved for GMRE · Sep 10, 2026UndisclosedA1 Lithium Inc (A Subsidiary of Anson Resources Limited)EDTIF Tax Incentive Approved for A1 Lithium · Sep 10, 2026UndisclosedAll Utah GOED Business Development Board | State of Utah activityAgency profile

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.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Utah GOED Business Development Board Minutes 2026-09-10 (Minutes), 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.

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.

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