CONTRACTDISCUSSED

Primis Bank 10-Year Bond Proposal Reviewed

Disclosed value: Up to $1,400,000 principal amount; proposed projects total approximately $1.319 million; From minutes
Document date: Jun 8, 2026

What it covers

Primis Bank submitted a 10-year financing proposal for Tappahannock's planned general obligation bond. The Town reported that the proposal did not meet its requested financing structure, and no award was made at the public hearing.

Who holds it

Primis Bank holds this financial services contract with Town of Tappahannock. Its other public contracts on record include work for Surry County and Town of Claremont.

What happens next

Term as filed: Proposed 10-year financing; 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 10-year financing; payment begins in FY 2028, with first interest or principal payment expected in mid-July 2027
Vendor: Primis Bank
Agency: Town of Tappahannock
Source document: Tappahannock Minutes Public Hearing June 8 2026 (Minutes)

Primis Bank's other public contracts

Surry County, VirginiaPrimis Bank Proposal Considered for YMCA Project Financing · Oct 5, 2026Undisclosed Town of Tappahannock, VirginiaPrimis Bank Proposal Falls Outside Requested Financing Terms · Jul 13, 2026 Town of Claremont, VirginiaCouncil Discusses Primis Bank Credit Extension · Jul 1, 2026Undisclosed Prince George County, VirginiaCounty Banking with Primis Bank Boosts Interest Earnings · Feb 17, 2026Undisclosed City of Hopewell, VirginiaEDA Continues Boathouse Project Loan with Primis Bank · Jan 5, 2026Undisclosed All Primis Bank contractsVendor profile

More Town of Tappahannock contracts

TENCARVATencarva Scheduled For Wastewater Plant Repairs · Oct 13, 2026Undisclosed Virginia Resources Authority (Vra)Tappahannock Considers Virginia Resources Authority Refinancing · Oct 13, 2026 Historical Downtown TappahannockTappahannock Council to Consider Downtown MOU · Oct 13, 2026Undisclosed Historical Downtown TappahannockTappahannock Considers Downtown Partnership MOU · Oct 13, 2026Undisclosed TRCTRC Continues VEDP Grant Engineering Services · Oct 13, 2026Undisclosed All Town of Tappahannock activityAgency profile

Questions about this contract

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

Primis Bank 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 Primis Bank contract with Town of Tappahannock worth?

The Primis Bank 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 Primis Bank hold?

Primis Bank 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.

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