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City of Petersburg Awards $21,462,462 Loan Contract to Virginia Resources Authority (January 2026)

City of Petersburg
Disclosed value
$21,462,462
From minutes
Approved
Jan 20, 2026

The 30-second brief

What it covers

Virginia Resources Authority approved $21.46 million loan at 1% interest to finance improvements to Petersburg's public sewer systems.

Who holds it

Virginia Resources Authority holds this loan contract with City of Petersburg. Its other public contracts on record include work for Town of Bedford and Town of St. Paul.

See who signed off on this $21.5M contract.

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Contract details

Contract type
Loan
Amount
$21,462,462
Document date
January 20, 2026
Term
NA
Vendor
Virginia Resources Authority
Agency
City of Petersburg
Source document
Petersburg City Council Meeting Minutes January 2026 (Minutes)

Virginia Resources Authority's other public contracts

Town of Bedford, VirginiaBedford Approves Equipment Bond Sale to VRA · Oct 20, 2026Town of St. Paul, VirginiaTown Pays Virginia Resources Authority on Financing · Oct 19, 2026$56.3KNelson County, VirginiaNelson County Pursues VRA Financing for Land Purchases · Oct 13, 2026Town of Front Royal, VirginiaFront Royal Considers $1.8 Million Riverton Sewer Bond · Oct 5, 2026City of Danville, VirginiaVirginia Resources Authority Assists Berry Hill Pipeline Financing · Oct 4, 2026All Virginia Resources Authority contractsVendor profile

More City of Petersburg contracts

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Questions about this contract

Who was awarded the loan contract by City of Petersburg?

Virginia Resources Authority was awarded this loan contract by City of Petersburg, as recorded on January 20, 2026. The contract value is $21,462,462.

How much is the Virginia Resources Authority contract with City of Petersburg worth?

The Virginia Resources Authority contract with City of Petersburg is valued at $21,462,462, 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 Petersburg City Council Meeting Minutes January 2026 (Minutes), dated January 20, 2026 from City of Petersburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Virginia Resources Authority hold?

Virginia Resources Authority 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 City of Petersburg currently buying?

Explore City of Petersburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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