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Benchmark Bank provides $2.5M AMI Infrastructure Loan

Halifax County Service Authority
Disclosed value
$2,500,000
From minutes
Document date
Jul 18, 2024
Term
15 years

The 30-second brief

What it covers

Benchmark Community Bank provided a $2.5 million loan for Advanced Metering Infrastructure (AMI) with a 15-year repayment plan, featuring an initial 1.99% interest rate for the first 60 payments.

Who holds it

Benchmark Community Bank holds this loan contract with Halifax County Service Authority. Its other public contracts on record include work for Lunenburg County Public Schools and Prince Edward County.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Loan
Amount
$2,500,000
Document date
July 18, 2024
Term
15 years
Vendor
Benchmark Community Bank
Agency
Halifax County Service Authority
Source document
hcsa_regular_board_meeting_minutes_july_2024.pdf (Minutes)

Benchmark Community Bank's other public contracts

Lunenburg County Public Schools, VirginiaBank-Processed Expense Payment Issued to Benchmark · Sep 14, 2026$5KPrince Edward County, VirginiaCounty Approves Benchmark Community Bank Credit Card · Sep 8, 2026Town of Farmville town, VirginiaFarmville Approves Police Vehicle Loan Financing · Aug 12, 2026Town of Farmville town, VirginiaFarmville Plans Loan with Benchmark for Police Vehicles · Jul 8, 2026Town of Farmville town, VirginiaTown plans loan with Benchmark for police vehicles · Jul 8, 2026UndisclosedAll Benchmark Community Bank contractsVendor profile

More Halifax County Service Authority contracts

Lockaby, Mike of Spillman an AssociatesHCSA Engages Spillman Firm As Legal Counsel · Sep 19, 2024UndisclosedHalifax County GovernmentHalifax County Partners on VIR Waterline Grant · Jul 18, 2024UndisclosedDewberry Inc.Dewberry to explore new technology · Mar 21, 2024UndisclosedSpringbrook Software LLCSpringbrook Software Integration & Update ongoing · Mar 21, 2024UndisclosedSinia Water LineSinia Water Line Interconnection contract awarded · Jan 18, 2024UndisclosedAll Halifax County Service Authority activityAgency profile

Questions about this contract

Who was awarded the loan contract by Halifax County Service Authority?

Benchmark Community Bank was awarded this loan contract by Halifax County Service Authority, as recorded on July 18, 2024. The contract value is $2,500,000.

How much is the Benchmark Community Bank contract with Halifax County Service Authority worth?

The Benchmark Community Bank contract with Halifax County Service Authority is valued at $2,500,000, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in hcsa_regular_board_meeting_minutes_july_2024.pdf (Minutes), dated July 18, 2024 from Halifax County Service Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Benchmark Community Bank hold?

Benchmark Community Bank 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 Halifax County Service Authority currently buying?

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

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