NSHE to Redeem Final Allspring Short Duration Balance
- Disclosed value
- ~$6.4 million (redemption; prior withdrawals total $105 million)
- From report
- Document date
- Sep 29, 2023
The 30-second brief
The Nevada System of Higher Education plans to fully redeem its remaining ~$6.4 million in the Allspring Short Duration account following substantial prior withdrawals. This action is recommended by staff in light of liquidity needs and current market conditions.
ALLSPRING holds this financial services contract with Nevada System Of Higher Education-System Office. 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; prior withdrawals total $105 million)
- Document date
- September 29, 2023
- Vendor
- ALLSPRING
- Source document
- nevada-system-of-higher-education-discussion-materials-operating-fund-report-2023-09-29_419.pdf (Report)
ALLSPRING's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Nevada System Of Higher Education-System Office?
ALLSPRING was awarded this financial services contract by Nevada System Of Higher Education-System Office, as recorded on September 29, 2023. The contract value is ~$6.4 million (redemption; prior withdrawals total $105 million).
How much is the ALLSPRING contract with Nevada System Of Higher Education-System Office worth?
The ALLSPRING contract with Nevada System Of Higher Education-System Office is valued at ~$6.4 million (redemption; prior withdrawals total $105 million), 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 nevada-system-of-higher-education-discussion-materials-operating-fund-report-2023-09-29_419.pdf (Report), dated September 29, 2023 from Nevada System Of Higher Education-System Office. 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 Nevada System Of Higher Education-System Office currently buying?
Explore Nevada System Of Higher Education-System Office's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.