CONTRACTAWARDED

Town of Abingdon Awards Financial Services Contract to Virginia Resources Authority (November 2026)

Town of Abingdon logoTown of Abingdon
Disclosed value
Not to exceed $2,500,000
From agendapacket
Awarded
Nov 2, 2026
Renews
Free account

The 30-second brief

What it covers

The Town of Abingdon authorized and awarded a wastewater-system bond to Virginia Resources Authority for up to $2.5 million. The financing includes a related funding agreement and principal-forgiveness loan terms, with repayment extending up to 40 years.

Who holds it

Virginia Resources Authority holds this financial services contract with Town of Abingdon. Its other public contracts on record include work for Albermarle-Charlottesville Regional Jail Authority and Town of Altavista.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $2,500,000
Document date
November 2, 2026
Term
Up to 40 years after the date of the Bond
Renews
On record
Source document
Town of Abingdon AgendaPacket Town Council Meeting November 2 2026 (AgendaPacket)

Virginia Resources Authority's other public contracts

More Town of Abingdon contracts

Questions about this contract

Who was awarded the financial services contract by Town of Abingdon?

Virginia Resources Authority was awarded this financial services contract by Town of Abingdon, as recorded on November 2, 2026. The contract value is Not to exceed $2,500,000.

How much is the Virginia Resources Authority contract with Town of Abingdon worth?

The Virginia Resources Authority contract with Town of Abingdon is valued at Not to exceed $2,500,000, 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 Abingdon AgendaPacket Town Council Meeting November 2 2026 (AgendaPacket), dated November 2, 2026 from Town of Abingdon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Virginia Resources Authority hold?

Virginia Resources 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.

What is Town of Abingdon currently buying?

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

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