FINANCIAL_SERVICESRECOMMENDED

Multi-Bank Securities On-Call Broker Contract

The City of Hermosa Beach will consider awarding an on-call broker/dealer services contract to Multi-Bank Securities, Inc. for a three-year term ending June 30, 2029, with two optional one-year renewals. Execution authority would be delegated to the City Manager.

Status
RECOMMENDED
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Multi-bank Securities Inc
Agency
City of Hermosa Beach · CA

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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 type
FINANCIAL_SERVICES
Contract term
Three years ending June 30, 2029, with option for two one-year extensions
Renewal date
2029-06-30
Renewal
Base term through June 30, 2029, with two one-year extension options at the City's discretion.
Document type
Agenda
Source document
City of Hermosa Beach Regular Meeting Agenda 2026-06-09

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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 Hermosa Beach?

Multi-bank Securities Inc was awarded this financial services contract by City of Hermosa Beach, as recorded on June 9, 2026.

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 City of Hermosa Beach Regular Meeting Agenda 2026-06-09 (Agenda), dated June 9, 2026 from City of Hermosa Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Multi-bank Securities Inc hold?

Multi-bank Securities Inc 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 Multi-bank Securities Inc's profile

What is City of Hermosa Beach currently buying?

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

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