Economic Development & Incentives
Condition-based Payments
Versatile & Effective
Job-Creation Credits — Quarterly or annual disbursements tie to payroll and headcount. Variances trigger partial payments or holds.
Capital Investment — Capex releases align to permits, substantial completion, and occupancy. Documentation is stored with each milestone.
Training & Hiring Grants — Attendance, completion, and placement drive releases. Subrecipient payments are tracked with receipts.
Site Development — Utility and infrastructure milestones are validated before pay. Change-scope approvals update the schedule.
Frequently asked questions
What outcomes can PayKeeper validate?
PayKeeper commonly validates payroll files, government filings, capex documents, completion certificates, and third-party attestations. Your program defines the authoritative sources. Every verification attaches to the payment record for transparency.
How do clawbacks work?
Clawback rules are configured per agreement and scheduled automatically. If metrics fall short, the system computes the amount due and initiates recapture steps. All actions are logged for board and auditor review.
Can PayKeeper manage multi-year deals?
Yes—milestones, evidence windows, and reporting cadences can recur for years. Reminders and escalations keep both sides on schedule. Historical context remains available for each year’s decision.
What visibility do companies get?
Companies see a role-based portal with requirements, status, and next steps. Sensitive fields can be restricted to authorized users. This reduces back-and-forth and speeds compliance.
How is confidentiality handled?
Access controls limit who can view specific documents and data. We store a full audit of who accessed what and when. Exports can be redacted to protect sensitive content.