City of Lynchburg Awards $1,000,000 Financial Services Contract to Hillcats Baseball Llc (April 2025)

The City of Lynchburg obtained a $1,000,000 franchise performance bond from Hillcats Baseball, LLC to secure performance of its Baseball Stadium Franchise Agreement dated April 1, 2025. The bond guarantees the Principal’s faithful performance and remains enforceable for one year after the franchise ends, absent renewal.

Scope & details

The full contract record, as filed.

Contract amount

$1,000,000

Contract type

FINANCIAL_SERVICES

Contract term

Franchise agreement dated April 1, 2025; bond enforceable until one (1) year after termination or expiration of the Franchise, so long as no renewal of the Franchise is sought

Renewal

Bond secures the obligations under the Baseball Stadium Franchise Agreement dated April 1, 2025. Any alterations or extensions of the Franchise do not release the Principal or Surety. Legal action on the bond must be brought within one year after termination or expiration of the Franchise, provided no renewal of the Franchise is sought.

Document type

Contract

Source document

city-of-lynchburg-franchise-performance-bond_483.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

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

Hillcats Baseball Llc was awarded this financial services contract by City of Lynchburg, as recorded on April 1, 2025. The contract value is $1,000,000.

How much is the Hillcats Baseball Llc contract with City of Lynchburg worth?

The Hillcats Baseball Llc contract with City of Lynchburg is valued at $1,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-lynchburg-franchise-performance-bond_483.pdf (Contract), dated April 1, 2025 from City of Lynchburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hillcats Baseball Llc hold?

Hillcats Baseball 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 Hillcats Baseball Llc'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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