Civic IQ
CONTRACTAPPROVED
Get alerts

Town of Groton Awards Financial Services Contract to Bar Harbor (December 2025)

Town of Groton
Disclosed value
200,000.00 principal at 3.75% (CD investment)
From minutes
Approved
Dec 18, 2025
Term
6-month CD

The 30-second brief

What it covers

The Groton Selectboard approved investing $200,000 of USDA funds in a 6‑month certificate of deposit at Bar Harbor at a 3.75% interest rate. The action establishes a short-term investment vehicle for town funds.

Who holds it

Bar Harbor holds this financial services contract with Town of Groton. Its other public contracts on record include work for Brandon Fire District 1 and Town of Sutton.

What happens next

Term as filed: 6-month CD.

See who signed off on this contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
200,000.00 principal at 3.75% (CD investment)
Document date
December 18, 2025
Term
6-month CD
Vendor
Bar Harbor
Agency
Town of Groton
Source document
town_of_groton_selectboard_meeting_minutes_decembe.pdf (Minutes)

Bar Harbor's other public contracts

Brandon Fire District 1, VermontBrandon Fire District Selects Bar Harbor for Payroll Services · Aug 13, 2026UndisclosedTown of Sutton, New HampshireBar Harbor Waives Fees for Sutton · Aug 3, 2026UndisclosedTown of Chichester, New HampshireBar Harbor to Provide Quote for Town Banking · Jul 28, 2026UndisclosedTown of Lyman, New HampshireTown Reports Balances at Bar Harbor · Jul 20, 2026Town of Winchester, New HampshireBar Harbor Grant Match Reimbursement Approved · Jun 24, 2026$16.3KAll Bar Harbor contractsVendor profile

More Town of Groton contracts

REYNOLDSGroton Approves $2,420 Reynolds Fire Gear Purchase · Oct 6, 2026$2.4KDinges Fire CompanyGroton Approves Dinges Fire Co. Fire Equipment Invoice · Oct 6, 2026UndisclosedSparky DSparky D Completes Lighting Repairs for Groton · Oct 6, 2026UndisclosedRICKERRicker Nears Completion of Groton MERP Building Work · Oct 6, 2026UndisclosedLyme Greene HeatLyme Greene Heat Finishes Groton Building Work · Oct 6, 2026UndisclosedAll Town of Groton activityAgency profile

Questions about this contract

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

Bar Harbor was awarded this financial services contract by Town of Groton, as recorded on December 18, 2025. The contract value is 200,000.00 principal at 3.75% (CD investment).

How much is the Bar Harbor contract with Town of Groton worth?

The Bar Harbor contract with Town of Groton is valued at 200,000.00 principal at 3.75% (CD investment), 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_groton_selectboard_meeting_minutes_decembe.pdf (Minutes), dated December 18, 2025 from Town of Groton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Bar Harbor hold?

Bar Harbor may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Groton currently buying?

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

Work in government? Get Civic IQ free →
More Town of Groton contracts →Browse all agencies in Vermont →