FINANCIAL_SERVICESAWARDED

Town of Kilmarnock town Awards Financial Services Contract to Virginia Resources Authority (July 2026)

The Town of Kilmarnock Council approved issuing and selling a General Obligation and Sewer Revenue Bond of up to $3,150,000 to Virginia Resources Authority to finance wastewater treatment plant capital improvements. The bond will carry a Cost of Funds rate capped at 0.50% annually, mature within 40 years, and be secured by full faith and credit and sewer system revenues under a Financing Agreement and Commitment Letter.

Status
AWARDED
Document date
July 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Virginia Resources Authority
Agency
Town of Kilmarnock town · VA

Trusted by teams at

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
SafeTouch logo
IANS Research logo
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
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $3,150,000
Contract type
FINANCIAL_SERVICES
Contract term
Final maturity not later than 40 years after the date of the Bond; semi-annual debt service
Renewal
Single long-term bond financing with final maturity no later than 40 years from the bond date; no optional prepayment without VRA’s written consent. No renewal terms described beyond parity bond provisions for future indebtedness.
Document type
Resolution
Source document
Town of Kilmarnock Resolution 2026-006 2026-07-20

Related contracts

Other contracts from Virginia Resources Authority.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Kilmarnock town?

Virginia Resources Authority was awarded this financial services contract by Town of Kilmarnock town, as recorded on July 19, 2026. The contract value is Not to exceed $3,150,000.

How much is the Virginia Resources Authority contract with Town of Kilmarnock town worth?

The Virginia Resources Authority contract with Town of Kilmarnock town is valued at Not to exceed $3,150,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Kilmarnock Resolution 2026-006 2026-07-20 (Resolution), dated July 19, 2026 from Town of Kilmarnock town. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Resources Authority hold?

Virginia Resources 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.

View Virginia Resources Authority's profile

What is Town of Kilmarnock town currently buying?

Explore Town of Kilmarnock town's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Kilmarnock town's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free