CONTRACTAPPROVED

Essex County Awards $8,310,000 Bond Contract to Branch Banking and Trust (January 2016)

Disclosed value: $8,310,000; From resolution
Approved: Jan 12, 2016
Term: 11 years

What it covers

Essex County approves $8.31 million bond with BB&T for school projects and lease obligations. The bond has a fixed interest rate and an 11-year amortization period and aims to refund outstanding bonds and finance public safety communications expansion.

Who holds it

Branch Banking and Trust holds this bond contract with Essex County. Its other public contracts on record include work for Floyd County Public Schools and Pulaski County Public Schools.

What happens next

Term as filed: 11 years.

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Contract details

Contract type: Bond
Amount: $8,310,000
Document date: January 12, 2016
Term: 11 years
Vendor: Branch Banking and Trust
Agency: Essex County
Source document: essex-county-resolution-2016-01-12_0dc.pdf (Resolution)

Branch Banking and Trust's other public contracts

Floyd County Public Schools, VirginiaBB&T to Finance Floyd County School Projects · Oct 8, 2018$6.8M Pulaski County Public Schools, VirginiaBond approved for Dublin Elementary School improvements · Aug 20, 2015$3.5M All Branch Banking and Trust contractsVendor profile

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Questions about this contract

Who was awarded the bond contract by Essex County?

Branch Banking and Trust was awarded this bond contract by Essex County, as recorded on January 12, 2016. The contract value is $8,310,000.

How much is the Branch Banking and Trust contract with Essex County worth?

The Branch Banking and Trust contract with Essex County is valued at $8,310,000, covering bond work.

What type of contract is this?

This is a Bond contract, documented as a resolution record.

Where was this contract approved?

This contract appears in essex-county-resolution-2016-01-12_0dc.pdf (Resolution), dated January 12, 2016 from Essex County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Branch Banking and Trust hold?

Branch Banking and Trust 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 Essex County currently buying?

Explore Essex County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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