FINANCIAL_SERVICESPENDING

Town Seeks Fourth RIIB Septic Credit Line

The Town Council will consider authorizing a resolution establishing a fourth $300,000 non-restoring line of credit with RIIB for the Community Septic Program, raising the maximum loan amount available to participants to $40,000. This financial arrangement supports local septic system improvements through expanded lending capacity.

Status
PENDING
Document date
August 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
RIIB
Agency
Town of New Shoreham · RI

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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
$300,000
Contract type
FINANCIAL_SERVICES
Renewal
Proposed fourth non-restoring line of credit for the Community Septic Program; maximum individual loan amount increased to $40,000. Specific term and maturity details are not stated in the agenda.
Document type
Agenda
Source document
Town of New Shoreham Agenda Town Council Meeting and Board of License Commissioners Meeting 2026-08-19

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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 New Shoreham?

RIIB was awarded this financial services contract by Town of New Shoreham, as recorded on August 19, 2026. The contract value is $300,000.

How much is the RIIB contract with Town of New Shoreham worth?

The RIIB contract with Town of New Shoreham is valued at $300,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of New Shoreham Agenda Town Council Meeting and Board of License Commissioners Meeting 2026-08-19 (Agenda), dated August 19, 2026 from Town of New Shoreham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does RIIB hold?

RIIB 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 Town of New Shoreham currently buying?

Explore Town of New Shoreham's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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