FINANCIAL_SERVICESAPPROVED

Town of Frenchville Awards Financial Services Contract to Machias Savings Bank (December 2025)

A 2023 loan from Machias Savings Bank facilitated the purchase of a 1999 Fire Truck for Frenchville, repayment continuing through 2028.

Status
APPROVED
Document date
December 31, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Machias Savings Bank
Agency
Town of Frenchville · 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
$51,886.26 (principal and interest)
Contract type
FINANCIAL_SERVICES
Contract term
2023–2028 (End Date: 04-01-2028)
Renewal date
2028-04-01
Renewal
No renewal; fixed payment schedule through 2028.
Document type
Report
Source document
Town of Frenchville 2025 Annual Report

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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 Frenchville?

Machias Savings Bank was awarded this financial services contract by Town of Frenchville, as recorded on December 31, 2025. The contract value is $51,886.26 (principal and interest).

How much is the Machias Savings Bank contract with Town of Frenchville worth?

The Machias Savings Bank contract with Town of Frenchville is valued at $51,886.26 (principal and interest), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Frenchville 2025 Annual Report (Report), dated December 31, 2025 from Town of Frenchville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Machias Savings Bank hold?

Machias 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 Machias Savings Bank's profile

What is Town of Frenchville currently buying?

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

View Town of Frenchville's profile

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