FINANCIAL_SERVICESPENDING

City Plans $5M VRA Financing for Water Projects

Lynchburg is considering an ordinance to amend the FY 2027 Water Capital Projects Fund to include $5,000,000 in financing from the Virginia Resources Authority as part of a broader $36.38 million water capital appropriation. The funding will support water infrastructure projects including lead service line investigation and replacement.

Status
PENDING
Document date
June 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Virginia Resources Authority
Agency
City of Lynchburg · VA

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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
$5,000,000
Contract type
FINANCIAL_SERVICES
Renewal
Future capital financing transaction anticipated; detailed loan terms, amortization schedule, and maturity dates are not specified in the agenda packet and will be set in subsequent financing documents.
Document type
AgendaPacket
Source document
City of Lynchburg Agenda Packet 2026-06-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lynchburg?

Virginia Resources Authority was awarded this financial services contract by City of Lynchburg, as recorded on June 23, 2026. The contract value is $5,000,000.

How much is the Virginia Resources Authority contract with City of Lynchburg worth?

The Virginia Resources Authority contract with City of Lynchburg is valued at $5,000,000, covering financial services work.

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 City of Lynchburg Agenda Packet 2026-06-23 (AgendaPacket), dated June 23, 2026 from City of Lynchburg. 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 City of Lynchburg currently buying?

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

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