FINANCIAL_SERVICESPENDING

Barnet Pursues $2.5M Line Of Credit Re-Funding

The Barnet Selectboard authorized the Treasurer to work with Passumpsic Savings Bank to prepare documents for re-funding a $2.5 million flood recovery line of credit. Final approval will occur once loan documents and terms are completed.

Status
PENDING
Document date
January 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Passumpsic Savings Bank
Agency
Town of Barnet · VT

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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
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
$2.5 million
Contract type
FINANCIAL_SERVICES
Renewal
This action initiates preparation for re-funding an existing flood recovery line of credit with Passumpsic Savings Bank; renewal terms will be set in forthcoming documents.
Document type
Minutes
Source document
Town of Barnet Minutes Regular Selectboard Meeting 2026-01-26

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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 Barnet?

Passumpsic Savings Bank was awarded this financial services contract by Town of Barnet, as recorded on January 26, 2026. The contract value is $2.5 million.

How much is the Passumpsic Savings Bank contract with Town of Barnet worth?

The Passumpsic Savings Bank contract with Town of Barnet is valued at $2.5 million, 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 Barnet Minutes Regular Selectboard Meeting 2026-01-26 (Minutes), dated January 26, 2026 from Town of Barnet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Passumpsic Savings Bank hold?

Passumpsic 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.

View Passumpsic Savings Bank's profile

What is Town of Barnet currently buying?

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

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