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Cordova to get assistance from APCM in investment management

Cordova village
Document date
Mar 6, 2024

The 30-second brief

What it covers

Cordova has not revised the investment policy since 2010.Council recently contracted with a new firm, APCM (Alaska Permanent Capital Management), to be City's investment managers. A strategic planning work session was held in December 2023 and then there was a follow up presentation at Council's Regular Meeting on February 21, 2024. Blake Phillips of APCM offered suggestions of changes to the investment policy and gave Council 3 options for asset allocation for FY2024.

Who holds it

APCM holds this investment management contract with Cordova village. Its other public contracts on record include work for City of Kodiak and Borough of Northwest Arctic.

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Contract details

Contract type
Investment Management
Document date
March 6, 2024
Term
NA
Vendor
APCM
Agency
Cordova village
Source document
cordova-village-agenda-2024-03-06_650.pdf (Agenda)

APCM's other public contracts

City of Kodiak, AlaskaAPCM Manages City Enhancement And Operating Investments · Oct 8, 2026UndisclosedBorough of Northwest Arctic, AlaskaBorough Reports Ongoing APCM Investment Portfolios · Sep 21, 2026UndisclosedCity of Soldotna, AlaskaAPCM Continues Managing Soldotna Investment Portfolios · Sep 15, 2026Borough of Northwest Arctic, AlaskaAPCM manages Borough and VIF investment portfolios · Aug 24, 2026UndisclosedCity of Juneau, AlaskaAPCM updates Juneau on AMLIP investment performance · Jul 8, 2026UndisclosedAll APCM contractsVendor profile

More Cordova village contracts

Chip SealCity of Cordova Cuts $80k Chip Seal expenses · Oct 15, 2025$80KCordova Chamber of CommerceCordova Chamber gets $25,800 in-kind lease · Oct 15, 2025UndisclosedNACity of Cordova Cuts $3k adobe license expenses · Oct 15, 2025$3KWilson ConstructionWilson Construction Demolishes Skaters’ Cabin for Rebuild · Oct 15, 2025UndisclosedPeterbilt Motors CompanyFunds transfer for Peterbilt Dumpster Truck · Oct 15, 2025$385.5KAll Cordova village activityAgency profile

Questions about this contract

Who was awarded the investment management contract by Cordova village?

APCM was awarded this investment management contract by Cordova village, as recorded on March 6, 2024.

What type of contract is this?

This is a Investment Management contract, documented as a agenda record.

Where was this contract approved?

This contract appears in cordova-village-agenda-2024-03-06_650.pdf (Agenda), dated March 6, 2024 from Cordova village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does APCM hold?

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

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What is Cordova village currently buying?

Explore Cordova village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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