FINANCIAL_SERVICESONGOING

Town repaying 30-year wastewater project state loan

Town of Addison is repaying a 30-year State Revolving Loan Fund loan (RF1-195) with $347,183.36 principal due for its wastewater project, at 0% interest and a 2% admin fee, through 2050.

Status
ONGOING
Document date
January 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wastewater Project Lender (state Revolving Loan Fund Rf1-195)
Agency
Town of Addison · 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
Original: $683,221.02, Principal Forgiven: $342,037.66, Principal Due: $347,183.36, Admin Fee: 2% annually, 0% interest
Contract type
FINANCIAL_SERVICES
Contract term
30 Years, 2021-2050
Renewal date
2050-11-01
Renewal
Loan closes in 2050; fixed repayment schedule, not renewable.
Document type
Report
Source document
Town of Addison Annual Report 2025

Frequently asked questions

Common questions about this contract, answered from the record.

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

Wastewater Project Lender (state Revolving Loan Fund Rf1-195) was awarded this financial services contract by Town of Addison, as recorded on January 23, 2026. The contract value is Original: $683,221.02, Principal Forgiven: $342,037.66, Principal Due: $347,183.36, Admin Fee: 2% annually, 0% interest.

How much is the Wastewater Project Lender (state Revolving Loan Fund Rf1-195) contract with Town of Addison worth?

The Wastewater Project Lender (state Revolving Loan Fund Rf1-195) contract with Town of Addison is valued at Original: $683,221.02, Principal Forgiven: $342,037.66, Principal Due: $347,183.36, Admin Fee: 2% annually, 0% 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 Addison Annual Report 2025 (Report), dated January 23, 2026 from Town of Addison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wastewater Project Lender (state Revolving Loan Fund Rf1-195) hold?

Wastewater Project Lender (state Revolving Loan Fund Rf1-195) 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 Wastewater Project Lender (state Revolving Loan Fund Rf1-195)'s profile

What is Town of Addison currently buying?

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

View Town of Addison's profile

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