City of Melrose Awards Financial Services Contract to Magnifi Financial (June 2026)

The Melrose City Council approved an increase in credit limits on municipal credit cards issued through Magnifi Financial, raising limits for senior staff to better align with current purchasing needs. The change updates the City Purchasing Policy but does not alter existing purchasing authority thresholds.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Change applies to existing city credit card accounts with Magnifi Financial; no specific renewal term stated.

Document type

Minutes

Source document

Melrose City Council Minutes 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Melrose?

Magnifi Financial was awarded this financial services contract by City of Melrose, as recorded on June 17, 2026.

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 Melrose City Council Minutes 2026-06-17 (Minutes), dated June 17, 2026 from City of Melrose. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Magnifi Financial hold?

Magnifi Financial 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 Magnifi Financial's profile

What is City of Melrose currently buying?

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

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City of Melrose Awards Financial Services Contract to Magnifi Financial (June 2026)

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by City of Melrose?

What type of contract is this?

Where was this contract approved?

What other contracts does Magnifi Financial hold?

What is City of Melrose currently buying?

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