Track open bid opportunities, contracts, public meetings, and key contacts for Virginia Resources Authority.
Active opportunities open for bidding
Posted
-
Oct 30, 2026
Seeks qualified attorneys to provide bond counsel services for Virginia Resources Authority financings and related matters.
Posted
Sep 30, 2026
Oct 30, 2026
The Virginia Resources Authority is seeking legal counsel for its revolving funds, including several water, tobacco-region, flood-preparedness, resilience, and local-government loan programs. The work includes drafting loan agreements and grant forms, coordinating with borrower counsel on bond issuances and legal opinions, preparing resolutions and notices, and advising on covenants and compliance. The contract has an initial term of three and a half years with two optional one-year renewals, and proposals are due October 30, 2026.
Posted
Sep 30, 2026
Oct 30, 2026
The Virginia Resources Authority is seeking legal counsel for its revolving funds, including several water, tobacco-region, flood-preparedness, resilience, and local-government loan programs. The work includes drafting loan agreements and grant forms, coordinating with borrower counsel on bond issuances and legal opinions, preparing resolutions and notices, and advising on covenants and compliance. The contract has an initial term of three and a half years with two optional one-year renewals, and proposals are due October 30, 2026.
Key metrics and characteristics
City
The city where this buyer is located.
Richmond
County
The county where this buyer is located.
Richmond
Address
Physical address of this buyer.
1111 E. Main Street, Suite 1920
Phone Number
Contact phone number for this buyer.
(804) 644-3100
Zip Code
Postal code for this buyer's location.
23219
Propensity to Spend
How likely this buyer is to spend on new technology based on operating budget trends.
AI Adoption Score
How likely this buyer is to adopt new AI technologies.
Startup Friendliness
How often this buyer champions startups and early adoption.
Latest Budget Year
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Operating Budget
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Board meetings and strategic plans from Virginia Resources Authority
The meetings covered multiple agenda items across the Audit Committee, Portfolio Risk Management Committee, and the Board of Directors. Discussions included the presentation of the FY2026 audit, including a review of the internal control environment and GASB implementation; financial highlights and strong financial positioning of the Authority; and updates on clean water and drinking water revolving loan funds. The Board approved the FY2026 Annual Comprehensive Financial Report and adopted a resolution for the FY2027 State Revolving Funds bond shelf. Additionally, customer feedback survey results were presented, policies governing electronic participation in meetings were adopted, and the Board held an annual election for the Vice-Chair position. The Board also recognized a departing member for their service and authorized the issuance of up to $300 million in State Revolving Fund Revenue Bonds.
The meetings involved reviews of the Budget and Investment, Compliance, and Portfolio Risk Management committees alongside the Board of Directors. Discussions centered on the status of the VRA investment portfolio and performance benchmarks, an analysis of the Loan Monitoring and Compliance Database including borrower risk categorization and specific status updates for distressed accounts, and program overviews for the Agricultural Best Management Practices and Tobacco Region Revolving funds. Additionally, the Board reviewed updates on the Virginia Pooled Financing Program, Disaster Recovery Program loans, the successful completion of the federal Single Audit, pending property transactions, and a legislative summary regarding the 2026 General Assembly.
Public-sector contacts connected to Virginia Resources Authority.
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The Board of Directors and its committees reviewed and discussed key fiscal and operational matters. These included the Annual Operating Plan for the upcoming fiscal year, the approval of the fiscal year 2027 personnel and operating budgets, and a 3.5% merit increase for staff. The Board also authorized bond issuance shelf resolutions for refunding, the Virginia Pooled Financing Program, and the VirginiaHELPS Conduit Borrower Program. Additionally, the Board conducted a closed session to evaluate the Executive Director's performance and compensation, subsequently approving a 5.5% merit increase. Reports were provided regarding record-breaking fiscal performance, infrastructure funding programs, and updates on portfolio risk management and bond issuance activity.
Extracted from official board minutes, strategic plans, and video transcripts.
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