FINANCIAL_SERVICESAPPROVED

Virginias Community Collages Awards Financial Services Contract to Virginia College Building Authority (November 2020)

The State Board authorized participation in the Virginia College Building Authority’s Higher Education VCBA 9(d) debt restructuring plan, enabling community colleges to refinance existing bond debt and defer principal payments for two years. The Chancellor and senior finance staff were empowered to execute all necessary documents for any participating college.

Status
APPROVED
Document date
November 18, 2020
Contract type
FINANCIAL_SERVICES
Vendor
Virginia College Building Authority
Agency
Virginias Community Collages · VA

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WithersRavenel logo
Derivita logo
Comcate 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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Two-year deferral of principal payments under VCBA 9(d) debt restructuring plan
Renewal
One-time restructuring opportunity offering a two-year principal payment deferral and lower interest rates for existing VCBA 9(d) higher education debt; participation decisions to be made by early December based on Treasury information.
Document type
Minutes
Source document
patrick-henry-community-college-budget-and-finance-committee-meeting-minutes-november-18-2020_a25.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Virginias Community Collages?

Virginia College Building Authority was awarded this financial services contract by Virginias Community Collages, as recorded on November 18, 2020.

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 patrick-henry-community-college-budget-and-finance-committee-meeting-minutes-november-18-2020_a25.pdf (Minutes), dated November 18, 2020 from Virginias Community Collages. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia College Building Authority hold?

Virginia College Building 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.

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What is Virginias Community Collages currently buying?

Explore Virginias Community Collages's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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