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Limerick board signs interim payroll contract and votes to move payroll to Paycor
Summary
The select board approved a month-to-month interim contract with MRI to maintain payroll services and voted to accept a Paycor quote (through Partners Bank) as a lower-cost long-term option that integrates with the town's Trio software.
The Limerick select board approved a short-term contract to keep payroll processing in place and voted to move to a new vendor after reviewing quotes from competing providers.
Committee member S5 told the board the town needs a signed interim contract with MRI to continue payroll while the town transitions; the board approved an interim, month-to-month agreement with a 30‑day written termination clause so the town can replace the vendor after onboarding a new provider.
S5 summarized comparative quotes: Bangor Savings estimated an annual cost of $14,700 while Paycor (through Partners Bank) quoted about $9,951.50; S1 and others noted Paycor integrates with the town's Trio software and can implement faster than Bangor. "Paycor is, part of Paychecks," one member observed, noting surrounding towns use the vendor.
S5 moved to accept the Paycor quote and to enter into service as soon as possible to reduce monthly costs; S6 seconded and the board voted in favor. Staff was directed to notify Bangor Savings of appreciation for their proposal and to proceed with contract finalization for Paycor.
Why it matters: The decision affects the town's monthly payroll expenditure and the speed of implementation; the board prioritized a vendor that integrates with existing payroll/accounting systems to limit conversion friction.
Next steps: Staff will finalize contractual terms with Paycor and rely on the MRI interim contract until the new vendor is in place, using the 30-day termination clause if needed to accelerate the transition.
