ATTACHMENT 1B - List of Qualified Depositories.pdf

This document is a list of qualified depositories for the Commonwealth of Virginia related to the financing of energy projects under a master lease agreement. The list identifies financial institutions that have been approved to serve as depositories for funds associated with energy project financing arrangements. The document establishes the eligible banks and financial entities that may hold and manage lease payments and related financial transactions for energy projects executed through the master lease agreement framework.

The qualified depositories listed in this attachment represent pre-approved financial institutions meeting Virginia's banking and fiduciary standards for handling state funds. These institutions are authorized to receive, hold, and disburse funds related to energy project lease financing, ensuring compliance with state treasury requirements and financial controls. The designation of these qualified depositories streamlines the financial administration of energy projects by establishing vetted banking partners in advance, reducing procurement delays and ensuring that lease payments and associated financial transactions are processed through institutions meeting the Commonwealth's financial standards and security requirements.