Village of Colonie Awards Financial Services Contract to Penflex Inc (April 2026)

The Village of Colonie Board unanimously approved Resolution 2025-111 authorizing the Mayor to sign the 2025 Length of Service Award Program authorization form with Penflex, Inc. This maintains Penflex’s engagement to support administration of the Village’s LOSAP benefits.

Document date · April 6, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

2025 plan year

Renewal date

2025-12-31

Renewal

Board approval covers execution of Penflex’s 2025 LOSAP authorization form, effectively continuing LOSAP services for the 2025 plan year; future years will require similar annual authorizations.

Document type

Agenda

Source document

Village of Colonie Mayor and Board of Trustees Meeting Agenda April 6, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Village of Colonie?

Penflex Inc was awarded this financial services contract by Village of Colonie, as recorded on April 6, 2026.

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 Village of Colonie Mayor and Board of Trustees Meeting Agenda April 6, 2026 (Agenda), dated April 6, 2026 from Village of Colonie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Penflex Inc hold?

Penflex Inc 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 Penflex Inc's profile

What is Village of Colonie currently buying?

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

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