City of Miami Beach Commission Meeting Agenda 2026-05-20
Northern Trust Named Backup Custodial Bank Option
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Description
If talks with U.S. Bank fail, Miami Beach may negotiate a custodial banking services agreement with The Northern Trust Company, the second-ranked proposer under RFQ 2026-152-WG. The City Manager is authorized to execute an agreement upon successful negotiations.
Contract Details
Vendor
NORTHERN TRUST COMPANY
Agency
City of Miami Beach, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
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