FINANCIAL_SERVICESONGOING

City Uses CAMP Pool For Municipal Investments

Newark continues to invest surplus funds in the California Asset Management Program (CAMP), earning a 3.77% yield as of April 2026. CAMP forms part of the City's diversified strategy for managing investment earnings and liquidity.

Status
ONGOING
Document date
July 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
California Asset Management Program (camp)
Agency
City of Newark · CA

Trusted by teams at

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
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 CAMP is ongoing with no fixed term; the City may adjust balances based on cash flow and yield considerations under its annually adopted Investment Policy.
Document type
Budget
Source document
City of Newark 2026-2028 Biennial Budget 2026-07-01

Related contracts

Other contracts from California Asset Management Program (camp).

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Newark?

California Asset Management Program (camp) 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 California Asset Management Program (camp) hold?

California Asset Management Program (camp) 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 California Asset Management Program (camp)'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.

View City of Newark's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free