FINANCIAL_SERVICESRECOMMENDED

SMPDC Endorses $1.6M Brownfields Loan for Biddeford MERC Site

SMPDC's RLF Committee has recommended Fathom Companies for a $1.6 million EPA Brownfields Revolving Loan Fund, with an overall project commitment of $3 million, for hazardous site remediation at 3 Lincoln Street, Biddeford. The project will fund cleanup and soil management as part of a major redevelopment of the old MERC facility site.

Document date · October 23, 2025

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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
$1.6 million initial loan, $3 million overall project commitment
Contract type
FINANCIAL_SERVICES
Contract term
First phase: late 2025 – spring 2027, ongoing remediation throughout all phases
Renewal date
2027-04-30
Renewal
Loan term spans multiple years and phases. Remaining portion ($1.4 million of the $3 million total) to be provided in subsequent phases as remediation continues. Subject to Executive Committee approval and compliance with EPA Brownfields RLF guidelines.
Document type
AgendaPacket
Source document
Southern Maine Planning and Development Commission Executive Committee Agenda Packet October 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Kittery Area Comprehensive Transportation System?

Fathom Companies was awarded this financial services contract by Kittery Area Comprehensive Transportation System, as recorded on October 23, 2025. The contract value is $1.6 million initial loan, $3 million overall project commitment.

How much is the Fathom Companies contract with Kittery Area Comprehensive Transportation System worth?

The Fathom Companies contract with Kittery Area Comprehensive Transportation System is valued at $1.6 million initial loan, $3 million overall project commitment, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Southern Maine Planning and Development Commission Executive Committee Agenda Packet October 2025 (AgendaPacket), dated October 23, 2025 from Kittery Area Comprehensive Transportation System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fathom Companies hold?

Fathom Companies 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 Kittery Area Comprehensive Transportation System currently buying?

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