CONTRACTDISCUSSED

Maine Community Bank Bid Reviewed for School Bus Bond

Disclosed value: $135,000 school bus bond; 5% interest rate; From minutes
Document date: Sep 8, 2026

What it covers

RSU 56 reviewed Maine Community Bank’s 5% bid for a $135,000 school bus bond. The board noted that lien-holder and insurance costs would make this option more expensive before approving the bond issuance authorization.

Who holds it

Maine Community Bank holds this financial services contract with Regional School Unit No. 56. Its other public contracts on record include work for Town of Yarmouth and Town of Gorham.

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Contract details

Contract type: Financial Services
Amount: $135,000 school bus bond; 5% interest rate
Document date: September 8, 2026
Vendor: Maine Community Bank
Agency: Regional School Unit No. 56
Source document: RSU 56 Board of Directors Minutes September 8, 2026 (Minutes)

Maine Community Bank's other public contracts

Town of Yarmouth, MaineMaine Community Bank Provides $275,000 Project Loan · Oct 13, 2026$275K Town of Gorham, MaineMaine Community Bank May Finance Burnham Road Development · Sep 30, 2026Undisclosed Portland Area Comprehensive Transportation System, MaineGPCOG Approves $500,000 Line of Credit · Sep 15, 2026up to $500,000 City of South Portland, MaineMaine Community Bank Financed Rumery Lofts Redevelopment · Aug 17, 2026Undisclosed Long Creek Watershed Management District, MaineDistrict Reports Maine Community Bank Fees · Jul 28, 2026$162.2 All Maine Community Bank contractsVendor profile

More Regional School Unit No. 56 contracts

Army National GuardRSU 56 Approves Army National Guard Student Activity Donations · Sep 22, 2026Undisclosed APPLERSU 56 Continues Apple Device Procurement Under State Contract · Sep 22, 2026Undisclosed Banger Savings BankSchool Bus Bond Authorized After Banger Savings Bank Bid · Sep 8, 2026 Dead RiverRSU 56 Locks In Fuel Prices With Dead River · Sep 8, 2026 BUSRIGHTRSU 56 Continues BusRight Route Management Technology · Sep 8, 2026Undisclosed All Regional School Unit No. 56 activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Regional School Unit No. 56?

Maine Community Bank was awarded this financial services contract by Regional School Unit No. 56, as recorded on September 8, 2026. The contract value is $135,000 school bus bond; 5% interest rate.

How much is the Maine Community Bank contract with Regional School Unit No. 56 worth?

The Maine Community Bank contract with Regional School Unit No. 56 is valued at $135,000 school bus bond; 5% interest rate, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in RSU 56 Board of Directors Minutes September 8, 2026 (Minutes), dated September 8, 2026 from Regional School Unit No. 56. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is Regional School Unit No. 56 currently buying?

Explore Regional School Unit No. 56's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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