CONTRACTAPPROVED

Town of Bedford Awards Financial Services Contract to Virginia Resources Authority (October 2026)

Town of Bedford logoTown of Bedford
Disclosed value
Not to exceed $636,000; public hearing materials cite an estimated maximum issuance of $750,000
From agendapacket
Approved
Oct 20, 2026
Term
Matures no later than December 31, 2033
Renews
Free account

The 30-second brief

What it covers

Bedford approved the issuance and sale of a general obligation public improvement bond to Virginia Resources Authority for police and public works equipment. The bond is authorized for up to $636,000, with maturity no later than December 31, 2033, while public hearing materials referenced a $750,000 maximum issuance estimate.

Who holds it

Virginia Resources Authority holds this financial services contract with Town of Bedford. Its other public contracts on record include work for Town of St. Paul and Nelson County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Bedford contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $636,000; public hearing materials cite an estimated maximum issuance of $750,000
Document date
October 20, 2026
Term
Matures no later than December 31, 2033
Renews
Free account
Source document
Town of Bedford AgendaPacket Regular Council Meeting 2026-10-20 (AgendaPacket)

Virginia Resources Authority's other public contracts

More Town of Bedford contracts

Questions about this contract

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

Virginia Resources Authority was awarded this financial services contract by Town of Bedford, as recorded on October 20, 2026. The contract value is Not to exceed $636,000; public hearing materials cite an estimated maximum issuance of $750,000.

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

The Virginia Resources Authority contract with Town of Bedford is valued at Not to exceed $636,000; public hearing materials cite an estimated maximum issuance of $750,000, 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 Bedford AgendaPacket Regular Council Meeting 2026-10-20 (AgendaPacket), dated October 20, 2026 from Town of Bedford. 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 Bedford currently buying?

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

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