FINANCIAL_SERVICESAPPROVED

City of Traverse Awards $9,207 Financial Services Contract to T. Rowe Price Trust Company (September 2025)

The ACT 345 Retirement System Board is considering approval of T. Rowe Price Trust Company Invoice #20250331-288-A for $9,206.60, covering Q1 2025 investment management fees for the Police and Firemen Retirement Plan structured research account. The invoice reflects management of approximately $11.5 million in assets.

Status
APPROVED
Document date
September 30, 2025
Contract type
FINANCIAL_SERVICES
Vendor
T. Rowe Price Trust Company
Agency
City of Traverse · MI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$9,206.60
Contract type
FINANCIAL_SERVICES
Contract term
Billing period January 1, 2025 to March 31, 2025
Renewal
Investment management fees are assessed quarterly based on billable assets, indicating an ongoing asset management agreement that renews through continued service and fee payments.
Document type
Agenda
Source document
traverse_city_act_345_retirement_system_board_meet.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Traverse?

T. Rowe Price Trust Company was awarded this financial services contract by City of Traverse, as recorded on September 30, 2025. The contract value is $9,206.60.

How much is the T. Rowe Price Trust Company contract with City of Traverse worth?

The T. Rowe Price Trust Company contract with City of Traverse is valued at $9,206.60, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in traverse_city_act_345_retirement_system_board_meet.pdf (Agenda), dated September 30, 2025 from City of Traverse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does T. Rowe Price Trust Company hold?

T. Rowe Price Trust Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View T. Rowe Price Trust Company's profile

What is City of Traverse currently buying?

Explore City of Traverse's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Traverse's profile

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