FINANCIAL_SERVICESONGOING

City pays 2009 ARRA direct borrowing to MMBB

Biddeford continues to repay its 2009 ARRA direct borrowing from MMBB, originally $592,110 at 0.00% interest. FY2027 includes $29,605.50 in principal and $1,480.28 in interest with maturity on April 1, 2029.

Document date · April 28, 2026

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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
$592,110 original issue; FY2027 payment $29,605.50 principal and $1,480.28 interest
Contract type
FINANCIAL_SERVICES
Contract term
June 16, 2009 – April 1, 2029
Renewal date
2029-04-01
Renewal
Direct borrowing note maturing April 1, 2029; no renewal options are noted.
Document type
Agenda
Source document
City of Biddeford City Council Meeting Agenda April 2026

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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 Biddeford?

MMBB was awarded this financial services contract by City of Biddeford, as recorded on April 28, 2026. The contract value is $592,110 original issue; FY2027 payment $29,605.50 principal and $1,480.28 interest.

How much is the MMBB contract with City of Biddeford worth?

The MMBB contract with City of Biddeford is valued at $592,110 original issue; FY2027 payment $29,605.50 principal and $1,480.28 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 City of Biddeford City Council Meeting Agenda April 2026 (Agenda), dated April 28, 2026 from City of Biddeford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MMBB hold?

MMBB may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Biddeford currently buying?

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

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