CONTRACTDISCUSSED

Village Considers Infrastructure Bank Road Loans

Old Bennington village
Document date
Jan 1, 2024

The 30-second brief

What it covers

Old Bennington village is considering Vermont State Infrastructure Bank financing for Bank Street and other eligible Class 2 roads. The potential program provides 1% fixed-rate municipal loans with terms of up to 30 years and requires borrower equity.

Who holds it

Vermont State Infrastructure Bank holds this financial services contract with Old Bennington village. Its other public contracts on record include work for City of Winooski.

What happens next

Term as filed: Up to 30 years; repayment must begin no later than five years after project completion.

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Contract details

Contract type
Financial Services
Document date
January 1, 2024
Term
Up to 30 years; repayment must begin no later than five years after project completion
Source document
Old Bennington village Report Village Roads Update 2024-01-01 (Report)

Vermont State Infrastructure Bank's other public contracts

More Old Bennington village contracts

Questions about this contract

Who was awarded the financial services contract by Old Bennington village?

Vermont State Infrastructure Bank was awarded this financial services contract by Old Bennington village, as recorded on January 1, 2024.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Old Bennington village Report Village Roads Update 2024-01-01 (Report), dated January 1, 2024 from Old Bennington village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vermont State Infrastructure Bank hold?

Vermont State Infrastructure 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 Old Bennington village currently buying?

Explore Old Bennington village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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