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MCEC Discusses Sandy Spring Bank Credit Line

Maryland Clean Energy Center | State of Maryland logoMaryland Clean Energy Center | State of Maryland
Document date
May 19, 2025

The 30-second brief

What it covers

MCEC discussed a potential secured line of credit with Sandy Spring Bank to support payments to partners under the Charging and Fueling Infrastructure Grant. No approval was granted, and the organization is continuing to evaluate financing options.

Who holds it

Sandy Spring Bank holds this financial services contract with Maryland Clean Energy Center | State of Maryland. Its other public contracts on record include work for Glen Ellyn SD 41 and City of Laurel Hill.

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Contract details

Contract type
Financial Services
Document date
May 19, 2025
Vendor
Sandy Spring Bank
Agency
Maryland Clean Energy Center | State of Maryland
Source document
Maryland Clean Energy Center Board of Directors Meeting Minutes 2025-05-19 (Minutes)

Sandy Spring Bank's other public contracts

Glen Ellyn SD 41, IllinoisSandy Spring Bank Investment Listed in District Portfolio · Feb 28, 2026$245KGlen Ellyn SD 41, Illinois$245K CD with Sandy Spring Bank to 2026 · Jan 31, 2026$245KCity of Laurel Hill, FloridaCampaign Pays Monthly Bank Fee To Sandy Spring Bank · Oct 16, 2025$(5.00)City of Laurel Hill, FloridaJuly Monthly Bank Fee to Sandy Spring Bank · Jul 24, 2025$5Prince William County, VirginiaSandy Spring Bank finances Ice Zone, Inc. refinance · Jul 8, 2025$5.9MAll Sandy Spring Bank contractsVendor profile

More Maryland Clean Energy Center | State of Maryland contracts

Center for Climate Strategies (Ccs)Maryland Board Approves CCS Greenhouse Gas Study · Mar 30, 2026UndisclosedSC&HSC&H Scheduled for Maryland Clean Energy Center Audit · Mar 30, 2026UndisclosedKing Energy ServicesFIAC Recommends $1.5 Million Loan for King Energy Services · Mar 17, 2026$1.5 millionGreen Generation Investors LLCMCEC Reports $135,461 Payable to Green Generation Investors · Jan 26, 2026$135.5KENTERPRISEMCEC Approves Strategic Revolving Fund Transaction With Enterprise · Jan 26, 2026$1.9MAll Maryland Clean Energy Center | State of Maryland activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Maryland Clean Energy Center | State of Maryland?

Sandy Spring Bank was awarded this financial services contract by Maryland Clean Energy Center | State of Maryland, as recorded on May 19, 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 Maryland Clean Energy Center Board of Directors Meeting Minutes 2025-05-19 (Minutes), dated May 19, 2025 from Maryland Clean Energy Center | State of Maryland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sandy Spring Bank hold?

Sandy Spring 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.

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What is Maryland Clean Energy Center | State of Maryland currently buying?

Explore Maryland Clean Energy Center | State of Maryland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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