Town of Vassalboro Awards Financial Services Contract to Bar Harbor Savings (July 2026)
Town of VassalboroCity · Vassalboro, ME- Disclosed value
- Three-year $175,000 loan at 5.12% interest
- From agendapacket
- Approved
- Jul 22, 2026
- Term
- Three years
The 30-second brief
Vassalboro’s Select Board approved a three-year $175,000 loan at 5.12% interest from Bar Harbor Savings to finance the new plow truck and equipment. The Board unanimously waived the procurement policy before accepting the bank’s terms.
Bar Harbor Savings holds this financial services contract with Town of Vassalboro.
Term as filed: Three years.
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Contract details
- Contract type
- Financial Services
- Amount
- Three-year $175,000 loan at 5.12% interest
- Document date
- July 22, 2026
- Term
- Three years
- Vendor
- Bar Harbor Savings
- Agency
- Town of Vassalboro
- Source document
- Town of Vassalboro AgendaPacket Regular Select Board Meeting 2026-07-22 (AgendaPacket)
More Town of Vassalboro contracts
Questions about this contract
Who was awarded the financial services contract by Town of Vassalboro?
Bar Harbor Savings was awarded this financial services contract by Town of Vassalboro, as recorded on July 22, 2026. The contract value is Three-year $175,000 loan at 5.12% interest.
How much is the Bar Harbor Savings contract with Town of Vassalboro worth?
The Bar Harbor Savings contract with Town of Vassalboro is valued at Three-year $175,000 loan at 5.12% interest, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Town of Vassalboro AgendaPacket Regular Select Board Meeting 2026-07-22 (AgendaPacket), dated July 22, 2026 from Town of Vassalboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bar Harbor Savings hold?
Bar Harbor Savings 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 Vassalboro currently buying?
Explore Town of Vassalboro's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.