FINANCIAL_SERVICESRECOMMENDED

Surry Seeks Cooperative Financial Advisory Pact With Davenport

The Surry County Board of Supervisors is being asked to approve a cooperative financial advisory services agreement with Davenport & Company LLC, leveraging Dinwiddie County’s Contract #26-015. The engagement would provide ongoing municipal financial advisory support for capital financing, debt portfolio review, refunding opportunities, and rating agency strategy under established hourly, retainer, and transaction-based fee schedules for an initial one-year term with up to nine renewal years.

Status
RECOMMENDED
Document date
July 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Davenport & Company Llc
Agency
Surry County · VA

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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
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
Hourly rates up to $350/hour plus transaction fees not-to-exceed $35,000–$95,000 per financing, plus additional 4% fee and expenses; Option for $35,000 annual retainer for capital planning services
Contract type
FINANCIAL_SERVICES
Contract term
One (1) year term with option for up to nine (9) additional one-year renewals under original terms, conditions, and unit pricing
Renewal
Base Dinwiddie contract term is one year from August 22, 2025, with options for up to nine additional one-year renewals subject to funds availability and 90 days’ non‑renewal notice; fees may be adjusted annually based on CPI with a 5% cap per year. Surry’s cooperative use will follow the same renewal and pricing structure via its own rider and Board approvals.
Document type
AgendaPacket
Source document
Surry County Board of Supervisors Agenda Packet 2026-07-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Surry County?

Davenport & Company Llc was awarded this financial services contract by Surry County, as recorded on July 2, 2026. The contract value is Hourly rates up to $350/hour plus transaction fees not-to-exceed $35,000–$95,000 per financing, plus additional 4% fee and expenses; Option for $35,000 annual retainer for capital planning services.

How much is the Davenport & Company Llc contract with Surry County worth?

The Davenport & Company Llc contract with Surry County is valued at Hourly rates up to $350/hour plus transaction fees not-to-exceed $35,000–$95,000 per financing, plus additional 4% fee and expenses; Option for $35,000 annual retainer for capital planning services, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Surry County Board of Supervisors Agenda Packet 2026-07-02 (AgendaPacket), dated July 2, 2026 from Surry County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Davenport & Company Llc hold?

Davenport & Company Llc 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 Davenport & Company Llc's profile

What is Surry County currently buying?

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

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