CONTRACTPENDING

$90M revenue bonds for Bon Secours new medical center

City of Suffolk logoCity of Suffolk
Disclosed value
$90,000,000
From agenda
Document date
Mar 5, 2025

The 30-second brief

What it covers

Bon Secours Mercy Health, Inc. will undertake a public offering to sell tax-exempt revenue bonds not to exceed $90 million in the Spring of 2025 to finance healthcare facilities and capital expenditures in Suffolk, Virginia. The new 90,000 square foot Harbor View Medical Center, with a budget of $80 million, will feature state-of-the-art technology and surgical services.

Who holds it

Bon Secours Mercy Health holds this revenue bonds contract with City of Suffolk. Its other public contracts on record include work for Northumberland County and Firelands Local Schools.

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Contract details

Contract type
Revenue Bonds
Amount
$90,000,000
Document date
March 5, 2025
Term
NA
Source document
city-of-suffolk-agenda-2025-03-05_f35.pdf (Agenda)

Bon Secours Mercy Health's other public contracts

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Questions about this contract

Who was awarded the revenue bonds contract by City of Suffolk?

Bon Secours Mercy Health was awarded this revenue bonds contract by City of Suffolk, as recorded on March 5, 2025. The contract value is $90,000,000.

How much is the Bon Secours Mercy Health contract with City of Suffolk worth?

The Bon Secours Mercy Health contract with City of Suffolk is valued at $90,000,000, covering revenue bonds work.

What type of contract is this?

This is a Revenue Bonds contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-suffolk-agenda-2025-03-05_f35.pdf (Agenda), dated March 5, 2025 from City of Suffolk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bon Secours Mercy Health hold?

Bon Secours Mercy Health 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 Suffolk currently buying?

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

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