Glendale Heights village (pt.) Awards Financial Services Contract to Rectrac LLC Dba Vermont Systems (February 2024)
Glendale Heights village (pt.)City · Glendale Heights, IL- Disclosed value
- Not to exceed a 2.65% discount rate plus $0.25 per transaction
- From resolution
- Approved
- Feb 5, 2024
The 30-second brief
The Village of Glendale Heights approved an agreement with RecTrac, LLC d/b/a Vermont Systems to provide credit card payment processing services for the Sports Hub and the Linda Jackson Center for Seniors. The contract runs from March 21, 2024 through March 20, 2026, with fees not to exceed a 2.65% discount rate plus $0.25 per transaction and an option for renewal.
Rectrac LLC Dba Vermont Systems holds this financial services contract with Glendale Heights village (pt.). Its other public contracts on record include work for City of Lathrop and Township of Wayne.
Term as filed: March 21, 2024 through March 20, 2026, with option for additional renewal period.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed a 2.65% discount rate plus $0.25 per transaction
- Document date
- February 5, 2024
- Term
- March 21, 2024 through March 20, 2026, with option for additional renewal period
- Source document
- Village of Glendale Heights Resolution Approval of Agreement with RecTrac, LLC 2024-02-05 (Resolution)
Rectrac LLC Dba Vermont Systems's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Glendale Heights village (pt.)?
Rectrac LLC Dba Vermont Systems was awarded this financial services contract by Glendale Heights village (pt.), as recorded on February 5, 2024. The contract value is Not to exceed a 2.65% discount rate plus $0.25 per transaction.
How much is the Rectrac LLC Dba Vermont Systems contract with Glendale Heights village (pt.) worth?
The Rectrac LLC Dba Vermont Systems contract with Glendale Heights village (pt.) is valued at Not to exceed a 2.65% discount rate plus $0.25 per transaction, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Village of Glendale Heights Resolution Approval of Agreement with RecTrac, LLC 2024-02-05 (Resolution), dated February 5, 2024 from Glendale Heights village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rectrac LLC Dba Vermont Systems hold?
Rectrac LLC Dba Vermont Systems may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Glendale Heights village (pt.) currently buying?
Explore Glendale Heights village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.