FINANCIAL_SERVICESONGOING

Virginia Resource Authority Loan Funds WWTP Upgrades

Lovettsville holds a Virginia Resource Authority loan supporting Waste Water Treatment Plant improvements and infiltration/inflow mitigation, originally issued in 2009 and refinanced in 2019 for $476,327 at 2% interest. The debt remains in place as part of the Town’s utilities fund obligations.

Status
ONGOING
Document date
July 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Virginia Resource Authority
Agency
Town of Lovettsville · VA

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TerraCycle logo
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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
$476,327 original loan (refinanced); interest rate 2%
Contract type
FINANCIAL_SERVICES
Contract term
Origination 2009; refinanced 2019; maturity date not specified
Renewal
Loan was refinanced in 2019 at a 2% rate. The final maturity date and any further renewal options are not provided in the excerpt.
Document type
Budget
Source document
Town of Lovettsville Budget Fiscal Year 2027 Proposed Budget & Capital Improvement Plan 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Virginia Resource Authority was awarded this financial services contract by Town of Lovettsville, as recorded on July 1, 2026. The contract value is $476,327 original loan (refinanced); interest rate 2%.

How much is the Virginia Resource Authority contract with Town of Lovettsville worth?

The Virginia Resource Authority contract with Town of Lovettsville is valued at $476,327 original loan (refinanced); interest rate 2%, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Lovettsville Budget Fiscal Year 2027 Proposed Budget & Capital Improvement Plan 2026-07-01 (Budget), dated July 1, 2026 from Town of Lovettsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Resource Authority hold?

Virginia Resource 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 Resource Authority's profile

What is Town of Lovettsville currently buying?

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

View Town of Lovettsville's profile

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