City considers $365 million bonds for Centra Health

The Lynchburg Finance Committee reviewed a request for City Council to authorize the Economic Development Authority to issue up to $365 million in revenue bonds for Centra Health, including refinancing prior debt. The bond proceeds will fund major expansions and renovations at Lynchburg General Hospital and related infrastructure.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $365,000,000 (plus amounts necessary to refinance previously issued bonds)

Contract type

FINANCIAL_SERVICES

Document type

Agenda

Source document

City of Lynchburg Finance Committee Agenda April 2026

Related contracts

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City of Lynchburg City Council Agenda Packet 2026-08-25

APPROVED

City of Lynchburg, VirginiaUp to $365,000,000Aug 25, 2026

City of Lynchburg City Council Meeting Agenda April 2026

PENDING

City of Lynchburg, VirginiaUp to $365,000,000Apr 28, 2026

town-of-amherst-agenda-2021-05-12_ce5.pdf

APPROVED

Town of Amherst, Virginia$444.56May 12, 2021

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lynchburg?

Centra Health Inc was awarded this financial services contract by City of Lynchburg, as recorded on April 28, 2026. The contract value is Not to exceed $365,000,000 (plus amounts necessary to refinance previously issued bonds).

How much is the Centra Health Inc contract with City of Lynchburg worth?

The Centra Health Inc contract with City of Lynchburg is valued at Not to exceed $365,000,000 (plus amounts necessary to refinance previously issued bonds), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Lynchburg Finance Committee Agenda April 2026 (Agenda), dated April 28, 2026 from City of Lynchburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Centra Health Inc hold?

Centra Health Inc 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 Centra Health Inc's profile

What is City of Lynchburg currently buying?

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

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