City of Lynchburg Awards Financial Services Contract to Centra Health Inc (August 2026)

Lynchburg City Council adopted Resolution #R-26-036 authorizing up to $365 million in Economic Development Authority revenue bonds for Centra Health, Inc. The financing will support construction of a new six‑story tower and extensive upgrades at Lynchburg General Hospital, including emergency, surgical, and maternity services.

Scope & details

The full contract record, as filed.

Contract amount

Up to $365,000,000

Contract type

FINANCIAL_SERVICES

Renewal

Bond authorization via EDA conduit; terms, maturities, and potential refundings will be governed by bond documents rather than Council action.

Document type

AgendaPacket

Source document

City of Lynchburg City Council Agenda Packet 2026-08-25

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City of Lynchburg Finance Committee Agenda April 2026

PENDING

City of Lynchburg, VirginiaNot to exceed $365,000,000 (plus amounts necessary to refinance previously issued bonds)Apr 28, 2026

City of Lynchburg City Council Meeting Agenda April 2026

PENDING

City of Lynchburg, VirginiaUp to $365,000,000Apr 28, 2026

town-of-amherst-agenda-2021-05-12_ce5.pdf

APPROVED

Town of Amherst, Virginia$444.56May 12, 2021

Frequently asked questions

Common questions about this contract, answered from the record.

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

Centra Health Inc was awarded this financial services contract by City of Lynchburg, as recorded on August 25, 2026. The contract value is Up to $365,000,000.

How much is the Centra Health Inc contract with City of Lynchburg worth?

The Centra Health Inc contract with City of Lynchburg is valued at Up to $365,000,000, 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 City Council Agenda Packet 2026-08-25 (AgendaPacket), dated August 25, 2026 from City of Lynchburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Centra Health Inc hold?

Centra Health Inc 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 Centra Health Inc'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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