Norfolk Airport Authority Awards Financial Services Contract to Virginia State Non-arbitrage Program (May 2026)

The Norfolk Airport Authority Board approved participation in the Virginia State Non-Arbitrage Program on May 28, 2026, authorizing execution of the SNAP Contract and designating SNAP as a permitted investment vehicle for eligible bond proceeds. The resolution enables the Authority to invest tax-exempt financing proceeds through the state-sponsored non-arbitrage pool.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Resolution approves and authorizes execution of the SNAP Contract as described in the June 30, 2021 Information Statement and subsequent supplements; renewal or termination would follow the terms of that contract, which are not detailed in the packet.

Document type

AgendaPacket

Source document

Norfolk Airport Authority Board of Commissioners Meeting Packet 2026-05-28

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Norfolk Airport Authority?

Virginia State Non-arbitrage Program was awarded this financial services contract by Norfolk Airport Authority, as recorded on May 23, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Norfolk Airport Authority Board of Commissioners Meeting Packet 2026-05-28 (AgendaPacket), dated May 23, 2026 from Norfolk Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia State Non-arbitrage Program hold?

Virginia State Non-arbitrage Program 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 Norfolk Airport Authority currently buying?

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