FINANCIAL_SERVICESAPPROVED

City of Richmond Awards $10,300,000 Financial Services Contract to Central Virginia Transportation Authority (April 2026)

The City of Richmond Land Use, Housing and Transportation Standing Committee recommended approval of an ordinance authorizing execution of a Standard Project Administration Agreement with the Central Virginia Transportation Authority. The agreement will administer $10.3 million in CVTA funding for Phase 1A of the Diamond District Transportation Infrastructure Project, with work expected to be completed by May 2027. The project includes new multimodal neighborhood streets, transit access enhancements, and intersection improvements.

Document date · April 21, 2026

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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
$10,300,000
Contract type
FINANCIAL_SERVICES
Contract term
Project expected to be completed and all funds expended by May 2027
Renewal date
2027-05-31
Renewal
Standard project administration agreement tied to completion of Phase 1A; expenditures cannot exceed $10.3 million unless additional funding is requested through a separate process.
Document type
Minutes
Source document
City of Richmond Land Use, Housing and Transportation Standing Committee Meeting Minutes 2026-04-21

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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 Richmond?

Central Virginia Transportation Authority was awarded this financial services contract by City of Richmond, as recorded on April 21, 2026. The contract value is $10,300,000.

How much is the Central Virginia Transportation Authority contract with City of Richmond worth?

The Central Virginia Transportation Authority contract with City of Richmond is valued at $10,300,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Richmond Land Use, Housing and Transportation Standing Committee Meeting Minutes 2026-04-21 (Minutes), dated April 21, 2026 from City of Richmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Central Virginia Transportation Authority hold?

Central Virginia Transportation 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.

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