FINANCIAL_SERVICESPENDING

Board Considers $113M VPSA Bond Financing

The School Board will consider a resolution authorizing an application to the Virginia Public School Authority for $113 million in 20-year bonds as part of the spring 2025 Stand Alone Bond Sale Program. Proceeds will fund school replacements, a new elementary school, stadium upgrades, and major HVAC and roof projects.

Document date · February 24, 2025

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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
$113M
Contract type
FINANCIAL_SERVICES
Contract term
20-year debt; bond sale in spring 2025
Renewal date
2045-12-31
Renewal
Single 20-year bond issuance; no recurring renewal indicated.
Document type
Agenda
Source document
chesapeake-city-public-schoolsagenda2025-02-24_278.txt

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Chesapeake City Public Schools?

Virginia Public School Authority (vpsa) was awarded this financial services contract by Chesapeake City Public Schools, as recorded on February 24, 2025. The contract value is $113M.

How much is the Virginia Public School Authority (vpsa) contract with Chesapeake City Public Schools worth?

The Virginia Public School Authority (vpsa) contract with Chesapeake City Public Schools is valued at $113M, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in chesapeake-city-public-schoolsagenda2025-02-24_278.txt (Agenda), dated February 24, 2025 from Chesapeake City Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Public School Authority (vpsa) hold?

Virginia Public School Authority (vpsa) 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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