FINANCIAL_SERVICESAPPROVED

Portland Area Comprehensive Transportation System Awards Financial Services Contract to Maine Community Bank (September 2026)

GPCOG approved an operating line of credit with Maine Community Bank of up to $500,000. The borrowing arrangement is intended to bridge reimbursement timing gaps, and underwriting was underway at the time of the meeting.

Document date · September 15, 2026

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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
up to $500,000
Contract type
FINANCIAL_SERVICES
Renewal
Board last approved a line of credit in March 2019. This action establishes a new revolving operating line of credit subject to applicable funding-source restrictions.
Document type
AgendaPacket
Source document
Portland Area Comprehensive Transportation System AgendaPacket Board of Directors Annual Retreat Agenda 2026-09-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Portland Area Comprehensive Transportation System?

Maine Community Bank was awarded this financial services contract by Portland Area Comprehensive Transportation System, as recorded on September 15, 2026. The contract value is up to $500,000.

How much is the Maine Community Bank contract with Portland Area Comprehensive Transportation System worth?

The Maine Community Bank contract with Portland Area Comprehensive Transportation System is valued at up to $500,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Portland Area Comprehensive Transportation System AgendaPacket Board of Directors Annual Retreat Agenda 2026-09-15 (AgendaPacket), dated September 15, 2026 from Portland Area Comprehensive Transportation System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Maine Community Bank hold?

Maine Community 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 Maine Community Bank's profile

What is Portland Area Comprehensive Transportation System currently buying?

Explore Portland Area Comprehensive Transportation System's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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