FINANCIAL_SERVICESAPPROVED

Town of Fairfield Awards Financial Services Contract to People’s Trust Company (January 2026)

The Fairfield Selectboard approved a 5-year, $164,500 loan with People’s Trust Company at 3.75% interest to finance the town grader purchase. The decision includes annual payments of $35,515 as a correction to prior financing terms.

Status
APPROVED
Document date
January 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
People’s Trust Company
Agency
Town of Fairfield · VT

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$164,500 (principal), $35,515/year for 5 years
Contract type
FINANCIAL_SERVICES
Contract term
5-year loan at 3.75% interest
Renewal date
2031-01-26
Renewal
Fixed-term 5-year loan; no renewals referenced in the minutes.
Document type
Minutes
Source document
Town of Fairfield Selectboard Meeting Minutes January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Fairfield?

People’s Trust Company was awarded this financial services contract by Town of Fairfield, as recorded on January 26, 2026. The contract value is $164,500 (principal), $35,515/year for 5 years.

How much is the People’s Trust Company contract with Town of Fairfield worth?

The People’s Trust Company contract with Town of Fairfield is valued at $164,500 (principal), $35,515/year for 5 years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Fairfield Selectboard Meeting Minutes January 2026 (Minutes), dated January 26, 2026 from Town of Fairfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does People’s Trust Company hold?

People’s Trust Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View People’s Trust Company's profile

What is Town of Fairfield currently buying?

Explore Town of Fairfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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