Town of Chincoteague Awards Financial Services Contract to Vaco/vml Virginia Investment Pool (April 2026)

The Town of Chincoteague approved participation in the VACo/VML Virginia Investment Pool through adoption of an ordinance and execution of a Trust Joinder Agreement. The pool will provide administrative, custodial, and investment services for certain Town funds on an ongoing, indefinite basis.

Document date · April 16, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Indefinite, terminable by Town Manager upon written notice

Renewal

Trust Joinder Agreement term is indefinite and may be terminated by the Town Manager on behalf of the Town by written notice to the Trustees, under the terms of the Trust Fund Agreement.

Document type

Agenda

Source document

Town of Chincoteague Council Workshop Agenda April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Chincoteague?

Vaco/vml Virginia Investment Pool was awarded this financial services contract by Town of Chincoteague, as recorded on April 16, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Chincoteague Council Workshop Agenda April 2026 (Agenda), dated April 16, 2026 from Town of Chincoteague. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vaco/vml Virginia Investment Pool hold?

Vaco/vml Virginia Investment Pool may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Vaco/vml Virginia Investment Pool's profile

What is Town of Chincoteague currently buying?

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