FINANCIAL_SERVICESAPPROVED

Town of Freeport Awards Financial Services Contract to Greater Portland Council of Governments (June 2026)

The Town Council authorized engagement of the Greater Portland Council of Governments to administer the Town’s $120,000 bridge loan to United 4 Childcare, including underwriting, documentation, servicing, and compliance oversight. GPCOG will act as the Town’s agent for the duration of the loan.

Status
APPROVED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Greater Portland Council of Governments
Agency
Town of Freeport · ME

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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 type
FINANCIAL_SERVICES
Contract term
Aligned with 24‑month United 4 Childcare loan term
Renewal
GPCOG’s administration role is tied to the 24‑month loan term; renewal or extension provisions were not discussed in the minutes.
Document type
Minutes
Source document
Town of Freeport Minutes Town Council Meeting 2026-06-16

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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 Freeport?

Greater Portland Council of Governments was awarded this financial services contract by Town of Freeport, as recorded on June 16, 2026.

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 Freeport Minutes Town Council Meeting 2026-06-16 (Minutes), dated June 16, 2026 from Town of Freeport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Greater Portland Council of Governments hold?

Greater Portland Council of Governments 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 Town of Freeport currently buying?

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