FINANCIAL_SERVICESAPPROVED

Hampton Roads Transportation Accountability Commission Awards $210,138 Financial Services Contract to Virginia Pooled Opeb Trust Fund (March 2025)

The Hampton Roads Transportation Accountability Commission adopts Resolution 2025-01 to join the Virginia Pooled OPEB Trust Fund and fully fund its current OPEB liability with a $210,138 transfer. The Local Finance Board will execute the Trust Joinder Agreement, select an investment strategy, and manage ongoing trust participation and fees.

Document date · March 20, 2025

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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
$210,138
Contract type
FINANCIAL_SERVICES
Contract term
Indefinite; may not terminate until 180 days after initial investment, then 90 days’ notice required
Renewal
Trust Joinder Agreement term is indefinite; HRTAC may not terminate participation until 180 days after its initial investment, and thereafter may terminate with at least 90 days’ written notice to the Trustees. Future additional transfers may be recommended to maintain fully funded status based on actuarial valuations.
Document type
AgendaPacket
Source document
Hampton Roads Transportation Accountability Commission Agenda Packet March 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Hampton Roads Transportation Accountability Commission?

Virginia Pooled Opeb Trust Fund was awarded this financial services contract by Hampton Roads Transportation Accountability Commission, as recorded on March 20, 2025. The contract value is $210,138.

How much is the Virginia Pooled Opeb Trust Fund contract with Hampton Roads Transportation Accountability Commission worth?

The Virginia Pooled Opeb Trust Fund contract with Hampton Roads Transportation Accountability Commission is valued at $210,138, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Hampton Roads Transportation Accountability Commission Agenda Packet March 2025 (AgendaPacket), dated March 20, 2025 from Hampton Roads Transportation Accountability Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Pooled Opeb Trust Fund hold?

Virginia Pooled Opeb Trust Fund 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 Pooled Opeb Trust Fund's profile

What is Hampton Roads Transportation Accountability Commission currently buying?

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