FINANCIAL_SERVICESAPPROVED

Town of Wiscasset Awards Financial Services Contract to Maine Municipal Bond Bank (July 2026)

Wiscasset is authorizing a $793,311 School Revolving Renovation Fund financing package through the Maine Municipal Bond Bank to upgrade security at its elementary and middle/high schools. The arrangement includes $277,183 in principal forgiveness and a $516,128 zero-interest loan repaid over ten years.

Status
APPROVED
Document date
July 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Maine Municipal Bond Bank
Agency
Town of Wiscasset · 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 amount
Up to $793,311 (with $277,183 principal forgiven; $516,128 loan)
Contract type
FINANCIAL_SERVICES
Contract term
Ten (10) substantially equal annual installments of principal with no interest
Renewal date
2036-07-07
Renewal
Initial School Revolving Renovation Fund loan with principal forgiveness and ten-year amortization; no renewals or extensions described.
Document type
Agenda
Source document
Wiscasset Select Board Agenda 2026-07-07

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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 Wiscasset?

Maine Municipal Bond Bank was awarded this financial services contract by Town of Wiscasset, as recorded on July 6, 2026. The contract value is Up to $793,311 (with $277,183 principal forgiven; $516,128 loan).

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

The Maine Municipal Bond Bank contract with Town of Wiscasset is valued at Up to $793,311 (with $277,183 principal forgiven; $516,128 loan), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Wiscasset Select Board Agenda 2026-07-07 (Agenda), dated July 6, 2026 from Town of Wiscasset. 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 Wiscasset currently buying?

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

View Town of Wiscasset's profile

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