FINANCIAL_SERVICESAWARDED

Town of Bucksport Awards Financial Services Contract to Machias Savings (February 2023)

The Bucksport Town Council awarded a three-year, $161,636.02 loan at 4.53% interest to Machias Savings to finance a Freightliner plow truck previously approved for the Public Works Department. Machias Savings was selected as the low-interest bidder over Camden National.

Status
AWARDED
Document date
February 9, 2023
Contract type
FINANCIAL_SERVICES
Vendor
Machias Savings
Agency
Town of Bucksport · ME

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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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

Scope & details

The full contract record, as filed.

Contract amount
$161,636.02 at 4.53% interest for three years
Contract type
FINANCIAL_SERVICES
Contract term
Three-year loan term
Renewal
Three-year fixed-term financing; no renewal or extension options noted in the minutes.
Document type
Minutes
Source document
town-of-bucksport-council-meeting-minutes-february-9-2023_6b2.pdf

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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 Bucksport?

Machias Savings was awarded this financial services contract by Town of Bucksport, as recorded on February 9, 2023. The contract value is $161,636.02 at 4.53% interest for three years.

How much is the Machias Savings contract with Town of Bucksport worth?

The Machias Savings contract with Town of Bucksport is valued at $161,636.02 at 4.53% interest for three years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in town-of-bucksport-council-meeting-minutes-february-9-2023_6b2.pdf (Minutes), dated February 9, 2023 from Town of Bucksport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Machias Savings hold?

Machias Savings 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 Machias Savings's profile

What is Town of Bucksport currently buying?

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

View Town of Bucksport's profile

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