FINANCIAL_SERVICESAMENDED

MARTA Extends Payden & Rygel Investment Contract

MARTA approved a modification to its professional services contract with Payden & Rygel, extending investment management services for an additional three years and increasing the contract authorization to $3,169,500.00. The firm manages MARTA’s reserve funds to maximize returns while maintaining liquidity and risk requirements.

Status
AMENDED
Document date
May 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Payden & Rygel
Agency
Metro Atlanta Rapid Transit Authority · GA

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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 amount
Increase from $1,669,500.00 to $3,169,500.00 (original $1,590,000.00 plus prior 5% contingency of $79,500.00)
Contract type
FINANCIAL_SERVICES
Contract term
Initial 3-year term from May 12, 2023, extended an additional 3 years
Renewal
Original 3-year contract from May 12, 2023 for $1,590,000.00, plus a 5% contingency of $79,500.00 executed in May 2026, is now extended for an additional three years with total authorization of $3,169,500.00.
Document type
Minutes
Source document
Metropolitan Atlanta Rapid Transit Authority Minutes Business Management Committee Meeting 2026-05-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Metro Atlanta Rapid Transit Authority?

Payden & Rygel was awarded this financial services contract by Metro Atlanta Rapid Transit Authority, as recorded on May 28, 2026. The contract value is Increase from $1,669,500.00 to $3,169,500.00 (original $1,590,000.00 plus prior 5% contingency of $79,500.00).

How much is the Payden & Rygel contract with Metro Atlanta Rapid Transit Authority worth?

The Payden & Rygel contract with Metro Atlanta Rapid Transit Authority is valued at Increase from $1,669,500.00 to $3,169,500.00 (original $1,590,000.00 plus prior 5% contingency of $79,500.00), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Metropolitan Atlanta Rapid Transit Authority Minutes Business Management Committee Meeting 2026-05-28 (Minutes), dated May 28, 2026 from Metro Atlanta Rapid Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Payden & Rygel hold?

Payden & Rygel 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 Payden & Rygel's profile

What is Metro Atlanta Rapid Transit Authority currently buying?

Explore Metro Atlanta Rapid Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Metro Atlanta Rapid Transit Authority's profile

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