Track open bid opportunities, contracts, public meetings, and key contacts for Maine Finance Authority.
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Posted
Sep 18, 2026
Oct 30, 2026
Serve as underwriter related to the Maine Loan private higher education loan program tax exempt bond issuances.
Posted
Sep 18, 2026
Oct 30, 2026
Provide financial advisory for the tax-exempt alternative student loan financing activities commencing in December 2026.
Posted
Sep 18, 2026
Oct 30, 2026
Serve as bond counsel for the Maine Loan private higher education loan program tax exempt bond issuances.
Key metrics and characteristics
City
The city where this buyer is located.
Augusta
Address
Physical address of this buyer.
5 Community Dr Suite 102
Phone Number
Contact phone number for this buyer.
(207) 623-3263
Propensity to Spend
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Latest Budget Year
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Operating Budget
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Board meetings and strategic plans from Maine Finance Authority
The Board reviewed and approved the FY27 budget, which balances revenue and expenses to support the organization's mission while prioritizing IT modernization. Discussions included authorization for contract modifications with IBM to support the implementation of a cloud-based enterprise platform. The Board approved a comprehensive new compliance policy and authorized a temporary interest rate reduction for the Economic Recovery Loan Program. Staff reports provided updates on the growth of NextGen assets, FAFSA completion rates, business portfolio risks, and the findings of the 2026 customer satisfaction survey. Executive sessions were held to address specific financial matters and succession planning.
The board meeting included the announcement of a Nominating Committee for the upcoming month and the approval of the FAME and NextGen audit reports. The board authorized updates to the organization's Loan Policies and Directives and decided to table a bond resolution for the Saddleback Mountain Foundation pending further financial review. Staff reports provided updates on commercial lending activity, the progress of the technology modernization initiative regarding enterprise system architecture, and various education program implementations and financial outreach efforts. Additionally, an executive session was held to conduct a CEO review.
Public-sector contacts connected to Maine Finance Authority.
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The board meeting covered a wide range of topics, including an overview of the Alfond Scholarship Foundation and its partnership with FAME to support education savings. Key action items included the approval of multiple Maine New Markets Capital Investments Program certification applications for investments in Irving Forestry Products and the Bangor YMCA. Staff reports provided updates on strong financial performance despite economic headwinds from federal funding shifts and energy costs, an analysis of the current economic environment, a review of business insurance claims and direct loan losses, proposals to modernize public benefit determination frameworks, and an overview of recent state legislative outcomes impacting the organization.
Extracted from official board minutes, strategic plans, and video transcripts.
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