FINANCIAL_SERVICESAPPROVED

Town of South Hadley Awards $550,302 Financial Services Contract to Westfield Bank (July 2026)

The South Hadley Planning Board approved an automatically renewing Westfield Bank letter of credit for $550,302 as the performance guarantee for the Deer Meadow Lane Flexible Development at 136 East Street. The Board also endorsed the Form H subdivision plan and authorized execution of the performance guarantee agreement.

Status
APPROVED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Westfield Bank
Agency
Town of South Hadley · MA

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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
$550,302
Contract type
FINANCIAL_SERVICES
Renewal
Letter of credit is structured as an automatically renewing instrument, addressing concerns about earlier drafts that expired after one year.
Document type
Minutes
Source document
South Hadley Planning Board Meeting Minutes 2026-07-13

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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 South Hadley?

Westfield Bank was awarded this financial services contract by Town of South Hadley, as recorded on July 13, 2026. The contract value is $550,302.

How much is the Westfield Bank contract with Town of South Hadley worth?

The Westfield Bank contract with Town of South Hadley is valued at $550,302, 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 South Hadley Planning Board Meeting Minutes 2026-07-13 (Minutes), dated July 13, 2026 from Town of South Hadley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Westfield Bank hold?

Westfield 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.

View Westfield Bank's profile

What is Town of South Hadley currently buying?

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

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