FINANCIAL_SERVICESAMENDED

U.S. Bancorp Asset Management Contract Extended for Valley Metro Investments

Valley Metro extended its contract with U.S. Bancorp Asset Management, Inc. for investment management services through June 30, 2028, raising the not-to-exceed value to $510,450. The amendment allows continued portfolio management as idle cash increases.

Status
AMENDED
Document date
June 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
U.s. Bancorp Asset Management Inc
Agency
Valley Metro Rail Inc. · AZ

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TerraCycle logo
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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 amount
Not to exceed $510,450 (extension: $369,000 + $18,450 contingency)
Contract type
FINANCIAL_SERVICES
Contract term
October 1, 2024 – June 30, 2028 (extension through June 30, 2028)
Renewal date
2028-06-30
Renewal
Contract extension through June 30, 2028; no options beyond that date are described.
Document type
AgendaPacket
Source document
Valley Metro Audit and Finance Subcommittee Agenda Packet 2026-06-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Valley Metro Rail Inc.?

U.s. Bancorp Asset Management Inc was awarded this financial services contract by Valley Metro Rail Inc., as recorded on June 4, 2026. The contract value is Not to exceed $510,450 (extension: $369,000 + $18,450 contingency).

How much is the U.s. Bancorp Asset Management Inc contract with Valley Metro Rail Inc. worth?

The U.s. Bancorp Asset Management Inc contract with Valley Metro Rail Inc. is valued at Not to exceed $510,450 (extension: $369,000 + $18,450 contingency), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Valley Metro Audit and Finance Subcommittee Agenda Packet 2026-06-04 (AgendaPacket), dated June 4, 2026 from Valley Metro Rail Inc.. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Bancorp Asset Management Inc hold?

U.s. Bancorp Asset Management 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 U.s. Bancorp Asset Management Inc's profile

What is Valley Metro Rail Inc. currently buying?

Explore Valley Metro Rail Inc.'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Valley Metro Rail Inc.'s profile

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