FINANCIAL_SERVICESAPPROVED

School Administrative District 45 Awards $250,000 Financial Services Contract to Katahdin Trust Company (May 2023)

MSAD 45 board authorized borrowing $250,000 from Katahdin Trust Company via a 12-month Revenue Anticipation Loan at a 5.15% fixed interest rate for school working capital needs.

Status
APPROVED
Document date
May 9, 2023
Contract type
FINANCIAL_SERVICES
Vendor
Katahdin Trust Company
Agency
School Administrative District 45 · ME

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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
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
$250,000
Contract type
FINANCIAL_SERVICES
Contract term
12 months
Renewal date
2024-05-09
Renewal
No renewal terms specified; loan is for a fixed 12-month term.
Document type
Agenda
Source document
msad_45_school_board_meeting_agenda_may_9_2023.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by School Administrative District 45?

Katahdin Trust Company was awarded this financial services contract by School Administrative District 45, as recorded on May 9, 2023. The contract value is $250,000.

How much is the Katahdin Trust Company contract with School Administrative District 45 worth?

The Katahdin Trust Company contract with School Administrative District 45 is valued at $250,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in msad_45_school_board_meeting_agenda_may_9_2023.pdf (Agenda), dated May 9, 2023 from School Administrative District 45. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Katahdin Trust Company hold?

Katahdin 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 Katahdin Trust Company's profile

What is School Administrative District 45 currently buying?

Explore School Administrative District 45's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View School Administrative District 45's profile

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