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Verland Project Backed by $7.5M TEFRA Bonds

Washington County logoWashington County
Disclosed value
Not to exceed $7,500,000 (aggregate principal amount via Authority)
From agendapacket
Document date
Aug 18, 2026

The 30-second brief

What it covers

Verland and its affiliates are slated to benefit from up to $7.5 million in TEFRA bond financing through the Moon Industrial Development Authority for refinancing and facility improvements. Washington County’s approval is required under Section 147(f) of the Internal Revenue Code.

Who holds it

VERLAND holds this financial services contract with Washington County. Its other public contracts on record include work for Town of Moon and Moon Industrial Development Authority.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $7,500,000 (aggregate principal amount via Authority)
Document date
August 18, 2026
Vendor
VERLAND
Agency
Washington County
Source document
Washington County Agenda Packet 2026-08-18 (AgendaPacket)

VERLAND's other public contracts

Town of Moon, PennsylvaniaVerland Revenue Note Approval Scheduled · Aug 26, 2026Washington County, PennsylvaniaVerland Group Homes Supported by TEFRA Financing · May 7, 2026Moon Industrial Development Authority, PennsylvaniaResolution on $7.5M Revenue Note for Verland · May 6, 2026All VERLAND contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Washington County?

VERLAND was awarded this financial services contract by Washington County, as recorded on August 18, 2026. The contract value is Not to exceed $7,500,000 (aggregate principal amount via Authority).

How much is the VERLAND contract with Washington County worth?

The VERLAND contract with Washington County is valued at Not to exceed $7,500,000 (aggregate principal amount via Authority), 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 Washington County Agenda Packet 2026-08-18 (AgendaPacket), dated August 18, 2026 from Washington County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VERLAND hold?

VERLAND 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 Washington County currently buying?

Explore Washington County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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