Capital One Financing Proposal Reviewed by Tappahannock
Town of TappahannockCity · VA- Disclosed value
- Up to $1,400,000 principal amount; proposed projects total approximately $1.319 million
- From minutes
- Document date
- Jun 8, 2026
The 30-second brief
Capital One submitted a financing proposal for Tappahannock's planned general obligation bond of up to $1.4 million. The proposal was discussed during the Town's lender evaluation but was not recommended over Huntington Bank's lower-cost and more flexible offer.
Capital One holds this financial services contract with Town of Tappahannock. Its other public contracts on record include work for City of Franklin and East Baton Rouge Parish.
Term as filed: Proposed financing terms included 15-year and 20-year options; rates were slightly higher than Huntington Bank's; payment begins in FY 2028, with first interest or principal payment expected in mid-July 2027.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $1,400,000 principal amount; proposed projects total approximately $1.319 million
- Document date
- June 8, 2026
- Term
- Proposed financing terms included 15-year and 20-year options; rates were slightly higher than Huntington Bank's; payment begins in FY 2028, with first interest or principal payment expected in mid-July 2027
- Vendor
- Capital One
- Agency
- Town of Tappahannock
- Source document
- Tappahannock Minutes Public Hearing June 8 2026 (Minutes)
Capital One's other public contracts
More Town of Tappahannock contracts
Questions about this contract
Who was awarded the financial services contract by Town of Tappahannock?
Capital One was awarded this financial services contract by Town of Tappahannock, as recorded on June 8, 2026. The contract value is Up to $1,400,000 principal amount; proposed projects total approximately $1.319 million.
How much is the Capital One contract with Town of Tappahannock worth?
The Capital One contract with Town of Tappahannock is valued at Up to $1,400,000 principal amount; proposed projects total approximately $1.319 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Tappahannock Minutes Public Hearing June 8 2026 (Minutes), dated June 8, 2026 from Town of Tappahannock. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Capital One hold?
Capital One 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 Tappahannock currently buying?
Explore Town of Tappahannock's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.