CONTRACTAPPROVED

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

City of Richmond logoCity of Richmond
Disclosed value
$10,300,000
From minutes
Approved
Apr 21, 2026
Renews
Free account

The 30-second brief

What it covers

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.

Who holds it

Central Virginia Transportation Authority holds this financial services contract with City of Richmond. Its other public contracts on record include work for Virginia Passenger Rail Authority (VPRA).

What happens next

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Contract details

Contract type
Financial Services
Amount
$10,300,000
Document date
April 21, 2026
Term
Project expected to be completed and all funds expended by May 2027
Renews
On record
Source document
City of Richmond Land Use, Housing and Transportation Standing Committee Meeting Minutes 2026-04-21 (Minutes)

Central Virginia Transportation Authority's other public contracts

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Questions about this contract

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.

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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.

What is City of Richmond currently buying?

Explore City of Richmond's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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