FINANCIAL_SERVICESAPPROVED

Town of Barre Awards Financial Services Contract to Customers Commercial Finance Llc (July 2026)

The Barre Town Selectboard approved a 10-year lease purchase with Customers Commercial Finance, LLC at 4.984% interest to finance $472,290 for the body of the new rescue/pumper fire truck, with a first payment of $97,397 at closing. The financing aligns with the Town’s equipment replacement plan and utilizes FY26 carryover funds for the initial payment.

Status
APPROVED
Document date
July 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Customers Commercial Finance Llc
Agency
Town of Barre · 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
$472,290 (principal financed), first payment $97,397
Contract type
FINANCIAL_SERVICES
Contract term
10-year lease purchase
Renewal date
2036-12-31
Renewal
Financing structured as a fixed 10-year lease purchase with no renewals indicated; payments continue through the term until the obligation is satisfied.
Document type
Minutes
Source document
Barre Town Selectboard Minutes 2026-07-14

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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 Barre?

Customers Commercial Finance Llc was awarded this financial services contract by Town of Barre, as recorded on July 14, 2026. The contract value is $472,290 (principal financed), first payment $97,397.

How much is the Customers Commercial Finance Llc contract with Town of Barre worth?

The Customers Commercial Finance Llc contract with Town of Barre is valued at $472,290 (principal financed), first payment $97,397, 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 Barre Town Selectboard Minutes 2026-07-14 (Minutes), dated July 14, 2026 from Town of Barre. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Customers Commercial Finance Llc hold?

Customers Commercial Finance Llc 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 Customers Commercial Finance Llc's profile

What is Town of Barre currently buying?

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

View Town of Barre's profile

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