BEDA | Bingham Economic Development Advisors, LLC
 

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Incentive Fulfillment

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Incentive Fulfillment

Many companies fail to collect the full value of their incentive packages, due to lack of implementation.

Government incentive programs impact multiple departments within a company - real estate, human resources, tax, purchasing, finance and other. Few companies have the dedicated personnel or internal processes to oversee the implementation, reporting and compliance requirements associated with their incentive packages.

BEDA takes on the burden of assembling applications, tracking the government review process, and compiling required reports and documentation to ensure clients receive the full value of the incentives awarded.

Compliance management procedures are established for incentives organizations receive, and required documentation is submitted over the term of the incentives receipt by BEDA on the client's behalf.

Additional incentive fulfillment services from BEDA include:

  • Determine reporting requirements
  • Coordinate ongoing compliance procedures
  • Track reimbursement status
  • Identify advantageous grant funds needed to train workforce
  • Qualify company for all available employment and training tax credits at the state and federal levels
  • Track the progress of grant, keeping master files and disaster relief files
  • Ensure stability of assistance throughout the duration of the grant
  • Ongoing regulatory and record-keeping compliance
  • Provide audit ready work papers for each required incentive and credit