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