Commission on the Virginia Alcohol Safety Action Program Awards Financial Services Contract to United States Department of Transportation (September 2026)

Scope & details

The full contract record, as filed.

Contract amount

$42,547,124, excluding capitalized interest

Contract type

FINANCIAL_SERVICES

Contract term

Issued on the effective date of the 2026 TIFIA agreement; maturity date not stated

Renewal

No renewal or extension option is identified; repayment terms are governed by the related TIFIA Loan Agreement and supplemental indenture.

Document type

Resolution

Source document

Commonwealth Transportation Board Resolution Authorizing Issuance of I-81 Corridor Program Revenue Bonds 2026-09-16

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Commission on the Virginia Alcohol Safety Action Program, VirginiaAggregate principal amount of TIFIA Bonds not to exceed $196,000,000, plus up to $9,000,000 in converted pre-project completion interestSep 16, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Commission on the Virginia Alcohol Safety Action Program?

United States Department of Transportation was awarded this financial services contract by Commission on the Virginia Alcohol Safety Action Program, as recorded on September 16, 2026. The contract value is $42,547,124, excluding capitalized interest.

How much is the United States Department of Transportation contract with Commission on the Virginia Alcohol Safety Action Program worth?

The United States Department of Transportation contract with Commission on the Virginia Alcohol Safety Action Program is valued at $42,547,124, excluding capitalized interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Commonwealth Transportation Board Resolution Authorizing Issuance of I-81 Corridor Program Revenue Bonds 2026-09-16 (Resolution), dated September 16, 2026 from Commission on the Virginia Alcohol Safety Action Program. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does United States Department of Transportation hold?

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