CONTRACTONGOING

Virginia Resource Authority Loan Funds WWTP Upgrades

Town of Lovettsville logoTown of Lovettsville
Disclosed value
$476,327 original loan (refinanced); interest rate 2%
From budget
Document date
Jul 1, 2026

The 30-second brief

What it covers

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.

Who holds it

Virginia Resource Authority holds this financial services contract with Town of Lovettsville. Its other public contracts on record include work for Town of Front Royal and Town of Buchanan.

What happens next

Term as filed: Origination 2009; refinanced 2019; maturity date not specified.

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Contract details

Contract type
Financial Services
Amount
$476,327 original loan (refinanced); interest rate 2%
Document date
July 1, 2026
Term
Origination 2009; refinanced 2019; maturity date not specified
Source document
Town of Lovettsville Budget Fiscal Year 2027 Proposed Budget & Capital Improvement Plan 2026-07-01 (Budget)

Virginia Resource Authority's other public contracts

More Town of Lovettsville contracts

Questions about this contract

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.

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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.

What is Town of Lovettsville currently buying?

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

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