Commonwealth Transportation Board Resolution Authorizing Issuance and Sale of Notes April 2026
CTB Authorizes Future Underwriter for 2026 GARVEEs
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Description
The Commonwealth Transportation Board authorized a future engagement with an underwriter or underwriting syndicate to market and purchase the 2026 GARVEE notes, subject to Treasury Board approval. The Chairperson may conduct either a competitive or negotiated sale based on market conditions.
Contract Details
Vendor
UNDERWRITER
Agency
Virginia Department of Transportation, VA
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Renewal Info
New underwriting engagement to be selected for the 2026 GARVEEs; no renewal provisions stated.
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