FINANCIAL_SERVICESAPPROVED

Albemarle County Awards Financial Services Contract to Kappa Sigma Endowment Fund (June 2026)

The Board of Supervisors approved and concurred with a plan for the Appomattox County EDA to issue up to $10 million in revenue bonds on behalf of Kappa Sigma Endowment Fund to expand its national headquarters and museum in Albemarle County. The bond proceeds will finance acquisition, construction, equipping, and furnishing of approximately 15,000 square feet of improvements and pay issuance costs.

Status
APPROVED
Document date
June 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Kappa Sigma Endowment Fund
Agency
Albemarle County · VA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $10,000,000 (bond issuance)
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Albemarle County Board of Supervisors Minutes 2026-06-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Albemarle County?

Kappa Sigma Endowment Fund was awarded this financial services contract by Albemarle County, as recorded on June 3, 2026. The contract value is Not to exceed $10,000,000 (bond issuance).

How much is the Kappa Sigma Endowment Fund contract with Albemarle County worth?

The Kappa Sigma Endowment Fund contract with Albemarle County is valued at Not to exceed $10,000,000 (bond issuance), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Albemarle County Board of Supervisors Minutes 2026-06-03 (Minutes), dated June 3, 2026 from Albemarle County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kappa Sigma Endowment Fund hold?

Kappa Sigma Endowment Fund 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 Kappa Sigma Endowment Fund's profile

What is Albemarle County currently buying?

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

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