FINANCIAL_SERVICESAPPROVED

Town of Fairfield Awards Financial Services Contract to People’s Trust Company (January 2026)

The Fairfield Selectboard approved financing $164,000 at 3.25% with People’s Trust Company for a new grader, with $100,000 paid from the town’s equipment account. This replaces town highway equipment with favorable loan terms.

Status
APPROVED
Document date
January 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
People’s Trust Company
Agency
Town of Fairfield · 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
$164,000 financed at 3.25%
Contract type
FINANCIAL_SERVICES
Contract term
3 or 5 year term (not specified)
Renewal
Loan for either 3 or 5 years as quoted; precise term selection not specified. Financing replaces capital purchase, typical for municipal equipment purchases.
Document type
Minutes
Source document
Town of Fairfield Selectboard Minutes January 12 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 Town of Fairfield?

People’s Trust Company was awarded this financial services contract by Town of Fairfield, as recorded on January 12, 2026. The contract value is $164,000 financed at 3.25%.

How much is the People’s Trust Company contract with Town of Fairfield worth?

The People’s Trust Company contract with Town of Fairfield is valued at $164,000 financed at 3.25%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Fairfield Selectboard Minutes January 12 2026 (Minutes), dated January 12, 2026 from Town of Fairfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does People’s Trust Company hold?

People’s Trust Company 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 People’s Trust Company's profile

What is Town of Fairfield currently buying?

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

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