CONTRACTAPPROVED

University Of Nevada-Reno Awards Financial Services Contract to ALLSPRING (September 2023)

University Of Nevada-Reno logoUniversity Of Nevada-Reno
Disclosed value
~$6.4 million (redemption action); prior withdrawal of $105 million in May–June
From report
Approved
Sep 29, 2023

The 30-second brief

What it covers

NSHE staff approved the full redemption of the Allspring Short Duration account, reallocating approximately $6.4 million from the Intermediate-Term Pool to meet liquidity needs and shifting funds to other assets. This follows a previous $105 million withdrawal executed earlier to support large cash outflows.

Who holds it

ALLSPRING holds this financial services contract with University Of Nevada-Reno. Its other public contracts on record include work for Cucamonga Valley Water District and City of Sterling Heights.

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Contract details

Contract type
Financial Services
Amount
~$6.4 million (redemption action); prior withdrawal of $105 million in May–June
Document date
September 29, 2023
Vendor
ALLSPRING
Source document
university-of-nevada-reno-report-2023-09-29_1a4.pdf (Report)

ALLSPRING's other public contracts

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Questions about this contract

Who was awarded the financial services contract by University Of Nevada-Reno?

ALLSPRING was awarded this financial services contract by University Of Nevada-Reno, as recorded on September 29, 2023. The contract value is ~$6.4 million (redemption action); prior withdrawal of $105 million in May–June.

How much is the ALLSPRING contract with University Of Nevada-Reno worth?

The ALLSPRING contract with University Of Nevada-Reno is valued at ~$6.4 million (redemption action); prior withdrawal of $105 million in May–June, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in university-of-nevada-reno-report-2023-09-29_1a4.pdf (Report), dated September 29, 2023 from University Of Nevada-Reno. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does ALLSPRING hold?

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

What is University Of Nevada-Reno currently buying?

Explore University Of Nevada-Reno's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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