Funding Options

Traditionally Virginia.gov’s business model is based on a self funded approach where we build applications at no up front cost and, in exchange, receive a market accepted transaction fee each time a service is accessed. Virginia.gov’s self-funded business model allows the Commonwealth of Virginia to provide a wealth of eGovernment services without the use of any appropriated tax dollars. Yet whether our projects are funded via transaction or time and materials fees, we are committed to being our customer’s best partner by delivering a solution that not only exceeds their expectations, but also is easy to use.

Self-funded Model

Virginia.gov employs nineteen (19) full-time staff and operates without the use of any tax dollars or appropriations.

Primary funding for the portal comes from the assessment of modest transaction or convenience fees for a select set of commercially valuable information and services. Transaction fees are absorbed as part of the statutory or pre-determined costs as set by the partner providing the service. Convenience fees are small costs added to the base amount and are typically charged to the consumer.

Most of the fee-based online services are geared toward business users, as research has proven that businesses are willing to pay a market accepted fee for immediate access to records that might otherwise take longer to obtain by traditional means.

Fees for online service are established only after extensive marketing research and the approval of the project sponsors.

Using the self-funded model, Virginia.gov becomes a major stakeholder in every project. Our success relies on the timely completion of efficient, highly used solutions.

Time and Materials Model

While Virginia.gov’s primary funding is based upon the self-funded model, in certain cases, a time and materials approach to subsidize the development costs for a service may be the best fit for our partners. Our VITA approved rates are significantly lower than market fees, which, when combined with our superior customer service and long term commitment, provide unparalleled value.

Hybrid Model

Virginia.gov’s flexible funding approaches also include the option to fund a project through significantly reduced up front development fees if a transaction or convenience fee model is available, but limited.

Did you know

Using the self-funded model, Virginia.gov becomes a major stakeholder in every project. Success relies on the timely completion of efficient, highly used solutions.

About Virginia.gov
Copyright © 1998 - 2008
To contact us, either use our feedback page, or write to:
1111 E. Main Street, Suite 901 Richmond, VA 23219
Phone: (804) 786-4718
Toll Free: 1-877-4VA-EGOV (1-877-482-3468)