FINANCIAL_SERVICESPENDING

City Advances 2015A Bond Refunding With Davenport

The City of Petersburg engaged Davenport and Company to advance a refunding of its 2015A Virginia Resources Authority bonds, including issuing an RFP to banks and submitting a VRA application. The planned refinancing, if executed, is expected to save the City about $320,000 over the life of the debt, or $21,000 annually.

Status
PENDING
Document date
February 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Davenport and Company
Agency
City of Petersburg · 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 type
FINANCIAL_SERVICES
Renewal
Council authorized Davenport and the City Manager to proceed with a dual-track process via a VRA spring pool and direct bank loan RFP; final award and terms to be decided after proposals and VRA review.
Document type
Agenda
Source document
City of Petersburg Council Work Session Agenda February 2026

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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 Petersburg?

Davenport and Company was awarded this financial services contract by City of Petersburg, as recorded on February 3, 2026.

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 City of Petersburg Council Work Session Agenda February 2026 (Agenda), dated February 3, 2026 from City of Petersburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Davenport and Company hold?

Davenport and Company 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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What is City of Petersburg currently buying?

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