FINANCIAL_SERVICESAPPROVED

Town of Stonington Awards Financial Services Contract to Maine Municipal Bond Bank (February 2026)

The Stonington Water Company Board of Trustees approved borrowing up to $1,491,950 from the Maine Municipal Bond Bank’s State Revolving Loan Fund to finance Cemetery Road and School Street water main replacement. The action authorizes issuance of a taxable water bond, related revenue notes, and a loan agreement, with debt service guaranteed by the Town of Stonington.

Status
APPROVED
Document date
February 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Maine Municipal Bond Bank
Agency
Town of Stonington · ME

Trusted by teams at

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
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
Up to $1,491,950
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Town of Stonington Selectmen Meeting Minutes February 9 2026

Related contracts

Other contracts from Maine Municipal Bond Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Maine Municipal Bond Bank was awarded this financial services contract by Town of Stonington, as recorded on February 9, 2026. The contract value is Up to $1,491,950.

How much is the Maine Municipal Bond Bank contract with Town of Stonington worth?

The Maine Municipal Bond Bank contract with Town of Stonington is valued at Up to $1,491,950, 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 Stonington Selectmen Meeting Minutes February 9 2026 (Minutes), dated February 9, 2026 from Town of Stonington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Maine Municipal Bond Bank hold?

Maine Municipal Bond 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 Maine Municipal Bond Bank's profile

What is Town of Stonington currently buying?

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

View Town of Stonington's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free