FINANCIAL_SERVICESAPPROVED

Town of Springfield Awards $25,000 Financial Services Contract to Subway Inc (July 2026)

The Springfield Selectboard approved a $25,000 Revolving Loan Fund loan to the Subway, Inc on Main Street to support expansion of its offerings, including an ice cream operation. The Town Manager was authorized to execute standard RLF loan documents at the policy interest rate.

Status
APPROVED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Subway Inc
Agency
Town of Springfield · VT

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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
$25,000
Contract type
FINANCIAL_SERVICES
Contract term
Standard Revolving Loan Fund terms; interest rate at 60% of prime at time of final approval; specific maturity not stated
Renewal
Single RLF loan under standard program documents; interest set at 60% of prime. No renewal or extension options were discussed in the minutes.
Document type
Minutes
Source document
Town of Springfield Regular Selectboard Meeting Minutes 2026-07-20

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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 Springfield?

Subway Inc was awarded this financial services contract by Town of Springfield, as recorded on July 20, 2026. The contract value is $25,000.

How much is the Subway Inc contract with Town of Springfield worth?

The Subway Inc contract with Town of Springfield is valued at $25,000, 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 Regular Selectboard Meeting Minutes 2026-07-20 (Minutes), dated July 20, 2026 from Town of Springfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Subway Inc hold?

Subway Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Subway Inc's 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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