CONTRACTAWARDED

Town of Gill Awards Financial Services Contract to Easthampton Savings Bank (January 2023)

Town of Gill logoTown of Gill
Disclosed value
Principal amount $161,284 at 4.25% interest
From agenda
Awarded
Jan 3, 2023
Term
3-year loan

The 30-second brief

What it covers

The Town of Gill Selectboard awarded a 3-year, $161,284 loan at 4.25% interest to Easthampton Savings Bank for the purchase of a new highway department truck. The award followed competitive bidding and public disclosure of a potential conflict of interest, with loan bids solicited by UniBank Fiscal Advisory Services.

Who holds it

Easthampton Savings Bank holds this financial services contract with Town of Gill. Its other public contracts on record include work for City of Westfield and Westfield School District.

What happens next

Term as filed: 3-year loan.

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Contract details

Contract type
Financial Services
Amount
Principal amount $161,284 at 4.25% interest
Document date
January 3, 2023
Term
3-year loan
Source document
town-of-gill-agenda-2023-01-03_7cb.pdf (Agenda)

Easthampton Savings Bank's other public contracts

More Town of Gill contracts

Questions about this contract

Who was awarded the financial services contract by Town of Gill?

Easthampton Savings Bank was awarded this financial services contract by Town of Gill, as recorded on January 3, 2023. The contract value is Principal amount $161,284 at 4.25% interest.

How much is the Easthampton Savings Bank contract with Town of Gill worth?

The Easthampton Savings Bank contract with Town of Gill is valued at Principal amount $161,284 at 4.25% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-gill-agenda-2023-01-03_7cb.pdf (Agenda), dated January 3, 2023 from Town of Gill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Easthampton Savings Bank hold?

Easthampton 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.

What is Town of Gill currently buying?

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

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