Town of Marlborough Awards Financial Services Contract to Delaware Valley Regional Finance Authority (July 2025)

The Board authorized Township Manager MaryBeth Cody to begin loan paperwork with the Delaware Valley Regional Finance Authority to finance the Reihman Road Bridge Project. The financing structure may include a non-taxable loan with funds placed in higher-yield accounts to offset interest costs.

Document date · July 9, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Financing structure and term will be defined in subsequent loan documents; no renewal details yet.

Document type

Minutes

Source document

town-of-marlborough-board-of-supervisors-meeting-minutes-july-9-2025_a2b.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Marlborough?

Delaware Valley Regional Finance Authority was awarded this financial services contract by Town of Marlborough, as recorded on July 9, 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 town-of-marlborough-board-of-supervisors-meeting-minutes-july-9-2025_a2b.pdf (Minutes), dated July 9, 2025 from Town of Marlborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Delaware Valley Regional Finance Authority hold?

Delaware Valley Regional Finance Authority 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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