FINANCIAL_SERVICESPENDING

Town to consider Androscoggin Bank loan for truck

Old Orchard Beach Town Council will consider approving a five-year loan from Androscoggin Bank totaling $65,275 at 5.05% interest to finance a Public Works F-250 Director’s Truck. Debt service payments would be made from the town’s equipment replacement fund as authorized in the FY27 budget.

Document date · September 1, 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
$65,275 paid over 5 years at 5.05%
Contract type
FINANCIAL_SERVICES
Contract term
5 years
Renewal date
2031-09-01
Document type
Agenda
Source document
Old Orchard Beach Town Council Meeting Agenda 2026-09-01

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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 Old Orchard Beach?

Androscoggin Bank was awarded this financial services contract by Town of Old Orchard Beach, as recorded on September 1, 2026. The contract value is $65,275 paid over 5 years at 5.05%.

How much is the Androscoggin Bank contract with Town of Old Orchard Beach worth?

The Androscoggin Bank contract with Town of Old Orchard Beach is valued at $65,275 paid over 5 years at 5.05%, 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 Old Orchard Beach Town Council Meeting Agenda 2026-09-01 (Agenda), dated September 1, 2026 from Town of Old Orchard Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Androscoggin Bank hold?

Androscoggin 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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