Burlington International Airport (City of Burlington, Department of Aviation) Awards Financial Services Contract to M&t Bank (August 2026)

Scope & details

The full contract record, as filed.

Contract amount

Approximately 85% of SRE building cost financed; annual payment around $2.4 Million, 15-year term at 4.88%

Contract type

FINANCIAL_SERVICES

Contract term

15 years at 4.88%, with option to prepay after 2033

Renewal date

2041-12-31

Renewal

Financing agreement allows early payoff without penalty after 2033; otherwise runs 15 years with PFC funds committed through 2038 to cover obligations.

Document type

AgendaPacket

Source document

Patrick Leahy Burlington International Airport AgendaPacket Airport Commission Meeting 2026-08-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Burlington International Airport (City of Burlington, Department of Aviation)?

M&t Bank was awarded this financial services contract by Burlington International Airport (City of Burlington, Department of Aviation), as recorded on August 5, 2026. The contract value is Approximately 85% of SRE building cost financed; annual payment around $2.4 Million, 15-year term at 4.88%.

How much is the M&t Bank contract with Burlington International Airport (City of Burlington, Department of Aviation) worth?

The M&t Bank contract with Burlington International Airport (City of Burlington, Department of Aviation) is valued at Approximately 85% of SRE building cost financed; annual payment around $2.4 Million, 15-year term at 4.88%, 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 Patrick Leahy Burlington International Airport AgendaPacket Airport Commission Meeting 2026-08-05 (AgendaPacket), dated August 5, 2026 from Burlington International Airport (City of Burlington, Department of Aviation). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does M&t Bank hold?

M&t 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 M&t Bank's profile

What is Burlington International Airport (City of Burlington, Department of Aviation) currently buying?

Explore Burlington International Airport (City of Burlington, Department of Aviation)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Burlington International Airport (City of Burlington, Department of Aviation)'s profile

Burlington International Airport (City of Burlington, Department of Aviation) Awards Financial Services Contract to M&t Bank (August 2026)

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by Burlington International Airport (City of Burlington, Department of Aviation)?

How much is the M&t Bank contract with Burlington International Airport (City of Burlington, Department of Aviation) worth?

What type of contract is this?

Where was this contract approved?

What other contracts does M&t Bank hold?

What is Burlington International Airport (City of Burlington, Department of Aviation) currently buying?

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