FINANCIAL_SERVICESAPPROVED

Rockbridge County Awards Financial Services Contract to Virginia Public School Authority (September 2026)

Rockbridge County authorized the issuance and sale of a general obligation school bond to the Virginia Public School Authority in an amount not to exceed $10.75 million. The bond will finance school capital projects, including construction and equipping of a recreation center, with repayment structured for a term of up to 30 years.

Document date · September 14, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
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Scope & details

The full contract record, as filed.

Contract amount
Bond principal amount not to exceed $10,750,000; proceeds requested up to $10,000,000; purchase price not lower than 95% of the Proceeds Requested
Contract type
FINANCIAL_SERVICES
Contract term
Bond issuance and repayment term not to exceed 30 years from the date of issuance and delivery; interest payments begin July 15, 2027
Renewal
No renewal provision; bond repayment and redemption terms are established in the resolution. Principal installments due on or before July 15, 2036, generally cannot be prepaid, while later installments may be redeemed beginning July 15, 2036, subject to VPSA or registered-owner consent.
Document type
Resolution
Source document
County of Rockbridge Resolution General Obligation School Bond Issuance 2026-09-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rockbridge County?

Virginia Public School Authority was awarded this financial services contract by Rockbridge County, as recorded on September 14, 2026. The contract value is Bond principal amount not to exceed $10,750,000; proceeds requested up to $10,000,000; purchase price not lower than 95% of the Proceeds Requested.

How much is the Virginia Public School Authority contract with Rockbridge County worth?

The Virginia Public School Authority contract with Rockbridge County is valued at Bond principal amount not to exceed $10,750,000; proceeds requested up to $10,000,000; purchase price not lower than 95% of the Proceeds Requested, 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 County of Rockbridge Resolution General Obligation School Bond Issuance 2026-09-14 (Resolution), dated September 14, 2026 from Rockbridge County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Public School Authority hold?

Virginia Public School 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.

View Virginia Public School Authority's profile

What is Rockbridge County currently buying?

Explore Rockbridge County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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