FINANCIAL_SERVICESAPPROVED

Village of Colonie Awards Financial Services Contract to Community First National Bank (August 2026)

The Village of Colonie Board of Trustees approved Resolution 2026-40 authorizing a 2026 final installment payment to Community First National Bank for previously purchased fire equipment, in an amount not to exceed $23,000 from the Capital Reserve – Fire Equipment Fund. This action fulfills the remaining obligation under the 2021 equipment purchase agreement.

Status
APPROVED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community First National Bank
Agency
Village of Colonie · NY

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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
Not to exceed $23,000 (2026 installment)
Contract type
FINANCIAL_SERVICES
Contract term
Final installment of equipment purchase agreement authorized by Resolution 2021-58; 2026 payment year
Renewal date
2026-12-31
Renewal
Final installment under the equipment purchase agreement authorized by Resolution 2021-58; no further renewals anticipated for this agreement.
Document type
AgendaPacket
Source document
Village of Colonie AgendaPacket Meeting of the Mayor and Board of Trustees 2026-08-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Village of Colonie?

Community First National Bank was awarded this financial services contract by Village of Colonie, as recorded on August 3, 2026. The contract value is Not to exceed $23,000 (2026 installment).

How much is the Community First National Bank contract with Village of Colonie worth?

The Community First National Bank contract with Village of Colonie is valued at Not to exceed $23,000 (2026 installment), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Colonie AgendaPacket Meeting of the Mayor and Board of Trustees 2026-08-03 (AgendaPacket), dated August 3, 2026 from Village of Colonie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community First National Bank hold?

Community First National 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 Community First National Bank's profile

What is Village of Colonie currently buying?

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

View Village of Colonie's profile

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