Town of Abingdon Awards Financial Services Contract to Virginia Resources Authority (November 2026)
- Disclosed value
- Not to exceed $2,500,000
- From agendapacket
- Awarded
- Nov 2, 2026
- Renews
- Free account
The 30-second brief
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.
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.
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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
- Agency
- Town of Abingdon
- 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.