FINANCIAL_SERVICESAPPROVED

Town of Barnet Awards $2,500,000 Financial Services Contract to Passumpsic Savings Bank (February 2026)

Barnet Selectboard approved a $2.5 million municipal line of credit with Passumpsic Savings Bank, supporting ongoing flood recovery financing.

Status
APPROVED
Document date
February 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Passumpsic Savings Bank
Agency
Town of Barnet · VT

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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
$2,500,000
Contract type
FINANCIAL_SERVICES
Contract term
Dated 9 February 2026; duration not specified
Renewal
Line of credit replaces/renews prior flood recovery loan; further renewal subject to negotiation.
Document type
Minutes
Source document
Town of Barnet Selectboard Meeting Minutes February 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 Barnet?

Passumpsic Savings Bank was awarded this financial services contract by Town of Barnet, as recorded on February 9, 2026. The contract value is $2,500,000.

How much is the Passumpsic Savings Bank contract with Town of Barnet worth?

The Passumpsic Savings Bank contract with Town of Barnet is valued at $2,500,000, 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 Barnet Selectboard Meeting Minutes February 2026 (Minutes), dated February 9, 2026 from Town of Barnet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Passumpsic Savings Bank hold?

Passumpsic Savings Bank 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 Passumpsic Savings Bank's profile

What is Town of Barnet currently buying?

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

View Town of Barnet's profile

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