CONTRACTONGOING

Cavendish Makes Annual Payment on Deficit Refunding Note

Disclosed value: $240,000 Deficit Refunding Note; From report
Document date: Feb 26, 2026
Renews: Mar 2027; Free account

What it covers

A deficit refunding note with Berkshire Bank is providing Cavendish with annual $35,714 principal payments, with the note concluding in May 2027. This supports town financial stability.

Who holds it

Berkshire Bank holds this financial services contract with Town of Cavendish. Its other public contracts on record include work for Westfield State University and Hudson City School District.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Cavendish contract.

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Contract details

Contract type: Financial Services
Amount: $240,000 Deficit Refunding Note
Document date: February 26, 2026
Term: Borrowed May 1, 2020; payment of $35,714 annually; final due May 1, 2027
Renews: Free account
Vendor: Berkshire Bank
Agency: Town of Cavendish
Source document: Town of Cavendish Annual Town Meeting Warning Feb 2026 (Report)

Berkshire Bank's other public contracts

Westfield State University, MassachusettsWestfield Recommends $1.54M Transfer to Berkshire Bank · Oct 23, 2026$1.5M Hudson City School District, New YorkBerkshire Bank Approved For Investments/Borrowing · Jul 7, 2026Undisclosed Hudson City School District, New YorkBerkshire Bank Added to District Banking Options · Jul 7, 2026Undisclosed Hudson City School District, New YorkBerkshire Bank Authorized For District Investments · Jul 7, 2026Undisclosed Westfield State University, MassachusettsOperating Funds Transfer to Berkshire Bank Approved · Jun 11, 2026$1.5M All Berkshire Bank contractsVendor profile

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Questions about this contract

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

Berkshire Bank was awarded this financial services contract by Town of Cavendish, as recorded on February 26, 2026. The contract value is $240,000 Deficit Refunding Note.

How much is the Berkshire Bank contract with Town of Cavendish worth?

The Berkshire Bank contract with Town of Cavendish is valued at $240,000 Deficit Refunding Note, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Town of Cavendish Annual Town Meeting Warning Feb 2026 (Report), dated February 26, 2026 from Town of Cavendish. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Berkshire Bank hold?

Berkshire 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 Cavendish currently buying?

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

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