Montgomery County Government Contracts, RFPs & Bids

Browse government projects, RFPs, and bids from 4 agencies in Montgomery County, Virginia.

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Recent Projects

Government Projects in Montgomery County

4 projects across 1 agencies — sorted by relevance and recency.

The Board approved an affiliation agreement between Virginia Tech and Hokie Ventures, a new Virginia non-profit university-related corporation, and separately authorized the university to loan up to $15.2 million in working capital to this entity. These items were recommended jointly by the Athletics Committee and the Finance and Resource Management Committee, signaling that Hokie Ventures will likely support athletics-related or broader commercial initiatives. With governance and initial capitalization now in place, Hokie Ventures will need to stand up operations, including strategy, legal and compliance infrastructure, financial systems, IT platforms, and programmatic services aligned with its mission. Vendors in consulting, NIL/athletics commercialization platforms, financial systems, CRM, fundraising, and sponsorship sales may find opportunities as Hokie Ventures defines services, selects technology stacks, and outsources specialized work to support its launch and growth.

Contract Award
$15,200,000Jun 2, 2026

Virginia Tech’s Board of Visitors is being asked on June 2, 2026 to approve a resolution authorizing the university to loan up to $15.2 million in working capital to a new university‑related corporation, Hokie Ventures, created to drive enhanced athletics revenue, fan engagement, NIL platforms, and brand value. The funds will serve as initial capitalization and up to three months of operating expenses and marketing activities, structured as interest‑free internal loans governed by a management services agreement. This move operationalizes the university’s previously approved “Invest to Win” strategy and shifts bridge funding from a direct internal loan to Athletics into this separate venture entity. Once Hokie Ventures is capitalized, it will need to stand up operations, marketing campaigns, NIL and fan engagement platforms, and related services, creating a medium‑term need for professional services, technology, and marketing vendors. Vendors should view this as incumbent intelligence and a near‑term opportunity to engage with Hokie Ventures’ leadership and Athletics finance staff on revenue generation, digital engagement, NIL infrastructure, and outsourced operational support as the corporation scales up.

Contract Award
$15,200,000Jun 2, 2026

In a joint session with the Finance and Resource Management Committee, the Buildings and Grounds Committee advanced a resolution to authorize construction of new residence halls providing up to 1,200 beds at Virginia Tech. Planning authorizations for these halls were approved in August and November 2025; the project is now in the working drawing phase and is expected to enter construction in summer 2026. The funding plan uses $16 million in residential auxiliary cash and $264 million in debt, for a total construction authorization request of up to $280 million, with bid documents already complete and contract finalization underway as of early June 2026. This is effectively a decided capital build, but it signals a major multi-year housing expansion and associated needs (furnishings, safety/security systems, networking, FF&E, and future maintenance) that downstream vendors can target as the project moves through construction and into operations.

Contract Award
$280,000,000Jun 1, 2026

Virginia Tech’s Finance & Resource Management and Athletics Committees recommended Board approval of an affiliation with Hokie Ventures, a new Virginia non-profit university-related corporation intended as a strategic partner for Athletics. The entity will maximize existing revenues, secure new funding sources, potentially manage NIL-related activities, and enhance donor and fan engagement under an independent board with ex officio university representation. A companion resolution authorizes the university to loan up to $15.2 million in working capital—redirected from the previously approved Invest to Win athletics funding plan—to capitalize Hokie Ventures, cover marketing, and provide up to three months of operating expenses. This structure creates a new, well-capitalized buyer for marketing, fundraising technology, fan engagement services, NIL platforms, and related professional services, overseen by the Athletics Director, Athletics CFO, and Vice President for Finance.

Contract Award
$15,200,000Jun 1, 2026

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Agency Directory

Government Agencies in Montgomery County, Virginia

4 agencies tracked. Click any agency to see procurement data, contacts, and vendor relationships.

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Procurement FAQs for Montgomery County, Virginia

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