FINANCIAL_SERVICESONGOING

Town Hall and Bond Refunding Financed Through VRA

The Town of South Boston completed financing for its Town Hall project and refunding of 2013A general obligation bonds through the Virginia Resources Authority, issuing $3.195 million in principal, which is $885,000 below the Council’s original authorization. The financing provides $2.2 million for the Town Hall project and generates projected debt service savings from the bond refunding.

Status
ONGOING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Virginia Resources Authority Vra
Agency
Town of South Boston · VA

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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
$3,195,000.00 (principal borrowed); authorization not to exceed $4,080,000
Contract type
FINANCIAL_SERVICES
Document type
AgendaPacket
Source document
Town of South Boston Agenda Packet 2026-07-13

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of South Boston?

Virginia Resources Authority Vra was awarded this financial services contract by Town of South Boston, as recorded on July 13, 2026. The contract value is $3,195,000.00 (principal borrowed); authorization not to exceed $4,080,000.

How much is the Virginia Resources Authority Vra contract with Town of South Boston worth?

The Virginia Resources Authority Vra contract with Town of South Boston is valued at $3,195,000.00 (principal borrowed); authorization not to exceed $4,080,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of South Boston Agenda Packet 2026-07-13 (AgendaPacket), dated July 13, 2026 from Town of South Boston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Resources Authority Vra hold?

Virginia Resources Authority Vra may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Virginia Resources Authority Vra's profile

What is Town of South Boston currently buying?

Explore Town of South Boston's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of South Boston's profile

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