FINANCIAL_SERVICESONGOING

Newark Continues Participation In State LAIF Program

The City of Newark continues to invest funds in the State's Local Agency Investment Fund (LAIF), where the yield was 3.83% as of April 2026. LAIF complements CAMP and other instruments in the City's conservative investment portfolio.

Status
ONGOING
Document date
July 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Local Agency Investment Fund (laif)
Agency
City of Newark · 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
Ongoing investment program participation as of April 2026
Renewal
Participation in LAIF is ongoing with no defined end date; balances are adjusted as needed under the City’s Investment Policy and cash management practices.
Document type
Budget
Source document
City of Newark 2026-2028 Biennial Budget 2026-07-01

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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 Newark?

Local Agency Investment Fund (laif) was awarded this financial services contract by City of Newark, as recorded on July 1, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Newark 2026-2028 Biennial Budget 2026-07-01 (Budget), dated July 1, 2026 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Local Agency Investment Fund (laif) hold?

Local Agency Investment Fund (laif) 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 Local Agency Investment Fund (laif)'s profile

What is City of Newark currently buying?

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

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