CONTRACTAPPROVED

Town of Springfield Awards Financial Services Contract to Bond Bank (October 2026)

Town of Springfield logoTown of Springfield
Disclosed value
Initial bond authorization of $2,596,000; total project cost of $3,500,000; anticipated State subsidy of $1,914,275; additional authorization of $904,000
From minutes
Approved
Oct 26, 2026

The 30-second brief

What it covers

Springfield approved a forgivable indebtedness resolution requested by The Bond Bank for a subsidized municipal project. The resolution recognizes a $3.5 million project cost, a $1.914 million anticipated State subsidy, and a $2.596 million initial Town bond authorization.

Who holds it

Bond Bank holds this financial services contract with Town of Springfield. Its other public contracts on record include work for Town of Waterford and Town of Wheelock.

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Contract details

Contract type
Financial Services
Amount
Initial bond authorization of $2,596,000; total project cost of $3,500,000; anticipated State subsidy of $1,914,275; additional authorization of $904,000
Document date
October 26, 2026
Vendor
Bond Bank
Source document
Town of Springfield Minutes Regular Selectboard Meeting 2026-10-26 (Minutes)

Bond Bank's other public contracts

More Town of Springfield contracts

Questions about this contract

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

Bond Bank was awarded this financial services contract by Town of Springfield, as recorded on October 26, 2026. The contract value is Initial bond authorization of $2,596,000; total project cost of $3,500,000; anticipated State subsidy of $1,914,275; additional authorization of $904,000.

How much is the Bond Bank contract with Town of Springfield worth?

The Bond Bank contract with Town of Springfield is valued at Initial bond authorization of $2,596,000; total project cost of $3,500,000; anticipated State subsidy of $1,914,275; additional authorization of $904,000, covering financial services work.

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 Springfield Minutes Regular Selectboard Meeting 2026-10-26 (Minutes), dated October 26, 2026 from Town of Springfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bond Bank hold?

Bond 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 Town of Springfield currently buying?

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

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