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Bank Letter of Credit Secures Site Improvements

City of Portsmouth logoCity of Portsmouth
Disclosed value
$836,618
From agendapacket
Document date
Aug 19, 2026

The 30-second brief

What it covers

The City’s release and waiver agreement identified Kennebunk Savings Bank as the issuer of a letter of credit securing site improvements at 140 West Road. The letter of credit amount was $836,618.

Who holds it

Kennebunk Savings Bank holds this financial services contract with City of Portsmouth. Its other public contracts on record include work for Town of Eliot.

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Contract details

Contract type
Financial Services
Amount
$836,618
Document date
August 19, 2026
Vendor
Kennebunk Savings Bank
Agency
City of Portsmouth
Source document
City of Portsmouth AgendaPacket Zoning Board of Adjustment Submission for 140 West Road 2026-08-19 (AgendaPacket)

Kennebunk Savings Bank's other public contracts

Town of Eliot, MaineTrust and Agency Payroll Transfers via Kennebunk Savings · Oct 22, 2026$15.4KTown of Eliot, MainePayroll Direct Deposits via Kennebunk Savings Bank · Oct 22, 2026$43.5KTown of Eliot, MaineEliot Approves Second $43,531 Bank Payroll Payment · Sep 24, 2026$43.5KTown of Eliot, MaineEliot Approves Second $15,324 Bank Payment · Sep 24, 2026$15.3KTown of Eliot, MaineEliot Approves $14,166 Bank Payroll Warrant Payment · Sep 24, 2026$14.2KAll Kennebunk Savings Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Portsmouth?

Kennebunk Savings Bank was awarded this financial services contract by City of Portsmouth, as recorded on August 19, 2026. The contract value is $836,618.

How much is the Kennebunk Savings Bank contract with City of Portsmouth worth?

The Kennebunk Savings Bank contract with City of Portsmouth is valued at $836,618, 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 City of Portsmouth AgendaPacket Zoning Board of Adjustment Submission for 140 West Road 2026-08-19 (AgendaPacket), dated August 19, 2026 from City of Portsmouth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Kennebunk Savings Bank hold?

Kennebunk Savings 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.

What is City of Portsmouth currently buying?

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

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