Town Continues Lease Financing with Androscoggin Bank

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Ongoing use for lease purchase agreements; specific agreement terms and renewal dates were not discussed.

Document type

Minutes

Source document

Newport Selectboard Minutes Regular Meeting 2026-05-20

Related contracts

Other contracts from Androscoggin Bank.

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Old Orchard Beach Town Council Meeting Agenda 2026-08-04

PENDING

Town of Old Orchard Beach, Maine$165,769.00 financed at 5.01% with 5 annual payments of $36,471.81Aug 4, 2026

Wiscasset Select Board Agenda 2026-08-04

PENDING

Town of Wiscasset, Maine$45,720 (total principal); $16,105.38 annually; $48,316.15 total paymentsAug 3, 2026

Wiscasset Select Board Agenda 2026-08-04

APPROVED

Town of Wiscasset, MaineAug 3, 2026

Town of Sangerville Regular Select Board Meeting Agenda 2026-07-01

DISCUSSED

Town of Sangerville, MaineJul 1, 2026

Town of Shirley Select Board Meeting Minutes 2026-06-24

APPROVED

Shirley Public Schools, MaineJun 24, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Androscoggin Bank was awarded this financial services contract by Town of Newport, as recorded on May 20, 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 Newport Selectboard Minutes Regular Meeting 2026-05-20 (Minutes), dated May 20, 2026 from Town of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Androscoggin Bank hold?

Androscoggin 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 Androscoggin Bank's profile

What is Town of Newport currently buying?

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