FINANCIAL_SERVICESAPPROVED

Town of Springfield Awards Financial Services Contract to Image Tek Manufacturing Inc (November 2025)

The Springfield Selectboard approved a tax stabilization agreement with Image Tek Mfg. Inc. to support a major expansion by phasing in personal property taxes on new equipment over ten years. The agreement is intended to encourage ongoing investment and job creation.

Status
APPROVED
Document date
November 10, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Image Tek Manufacturing Inc
Agency
Town of Springfield · 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 type
FINANCIAL_SERVICES
Contract term
Ten-year phased personal property tax stabilization schedule per equipment purchase
Renewal
Agreement provides a ten-year phased tax schedule for each qualifying equipment purchase; subsequent equipment purchases receive their own ten-year phase-out schedule.
Document type
Minutes
Source document
Town of Springfield Minutes Regular Selectboard Meeting 2025-11-10

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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 Springfield?

Image Tek Manufacturing Inc was awarded this financial services contract by Town of Springfield, as recorded on November 10, 2025.

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 Springfield Minutes Regular Selectboard Meeting 2025-11-10 (Minutes), dated November 10, 2025 from Town of Springfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Image Tek Manufacturing Inc hold?

Image Tek Manufacturing Inc 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 Image Tek Manufacturing Inc's profile

What is Town of Springfield currently buying?

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

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