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Awarded contract·Farmington City·Utah

Investment Advisor Services

Won by Meeder Public Services$200kSingle Award
Contract source

Awarded vendors

  • Meeder Public Services

Description

The contract is for investment advisor services to be provided to Farmington City. The city issued a Request for Proposals (RFP) and conditionally awarded the contract to Meeder Public Services. The award is subject to final approval by the City Council and the successful negotiation of a contract. The scope of work includes providing investment advice to the city, and the contractor must be approved by the Utah Money Management Council and comply with the Utah Money Management Act. Key points to consider for similar contracts include the requirements for the contractor's qualifications and experience, the evaluation criteria used to select the contractor, and the terms and conditions of the contract. • The contract is for investment advisor services • The contractor must be approved by the Utah Money Management Council • The contractor must comply with the Utah Money Management Act • The award is subject to final approval by the City Council and contract negotiation • The city reserves the right to cancel the award at any time prior to contract execution

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523920
Solicitation №
032423

Contract value

$200,000

The contract value is not explicitly stated in the provided documents. However, based on the scope of work and the fact that it's an investment advisor services contract, the value could be estimated to be in the range of $50,000 to $500,000 per year, depending on the specific services and the city's investment portfolio. The actual value may be higher or lower, depending on the terms and conditions of the contract.

AI estimate from the award documents

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