FINANCIAL_SERVICESAPPROVED

Upper Occoquan Service Authority Awards Financial Services Contract to Td Bank (June 2026)

UOSA approved establishing a five-year taxable revolving line of credit of up to $10 million with TD Bank, featuring pricing at 0.69% over SOFR and a 0.24% unused fee. The facility will serve as an emergency liquidity tool subordinate to existing bonds.

Status
APPROVED
Document date
June 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Td Bank
Agency
Upper Occoquan Service Authority · VA

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $10,000,000; estimated $24,000 annual unused cost plus closing costs
Contract type
FINANCIAL_SERVICES
Contract term
Five-year revolving taxable line of credit
Renewal
Resolution approved the line of credit and authorized execution of the Nineteenth Supplemental Restated Agreement of Trust and Loan Agreement; any renewal or extension beyond the initial five-year term would require future Board action.
Document type
Minutes
Source document
Upper Occoquan Service Authority Board of Directors Minutes 2026-06-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Upper Occoquan Service Authority?

Td Bank was awarded this financial services contract by Upper Occoquan Service Authority, as recorded on June 18, 2026. The contract value is Up to $10,000,000; estimated $24,000 annual unused cost plus closing costs.

How much is the Td Bank contract with Upper Occoquan Service Authority worth?

The Td Bank contract with Upper Occoquan Service Authority is valued at Up to $10,000,000; estimated $24,000 annual unused cost plus closing costs, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Upper Occoquan Service Authority Board of Directors Minutes 2026-06-18 (Minutes), dated June 18, 2026 from Upper Occoquan Service Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Td Bank hold?

Td 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.

View Td Bank's profile

What is Upper Occoquan Service Authority currently buying?

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

View Upper Occoquan Service Authority's profile

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