A resolution awarding a contract to Government Portfolio Advisors, in the amount of $2,500,000, budgeted from various departmental funds, for investment advisory services and non-discretionary management of the citywide investment portfolio, for an initial contract term of six years, with the option to renew for two additional two-year periods, for a projected contract total of $4,000,000, plus applicable taxes - Specification No. FI24-0205F. [Michael San Soucie, City Treasurer; Andy Cherullo, Director, Finance]

What this record is

Amount

$2.50M

Runs until

no end date published in this record

Type

award

Field

Professional services

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Requested by

Purchasing

Introduced

February 13, 2025

On agenda

February 25, 2025

Passed

February 25, 2025