PERA Reviews Northern Trust Custody Services

Colorado PERA trustees reviewed Northern Trust’s 2025 performance as custodian bank, acknowledging helpful educational outreach while calling for faster response times and clearer communication on technology and data use. The feedback will guide expectations for service improvements in the coming year.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Services provided in calendar year 2025

Renewal date

2025-12-31

Renewal

Custody relationship is subject to ongoing annual evaluations; noted responsiveness issues may influence future negotiations or competitive reviews.

Document type

AgendaPacket

Source document

Colorado PERA Governance Committee Meeting Materials 2026-06-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Colorado Public Employees’ Retirement Association (PERA)?

Northern Trust was awarded this financial services contract by Colorado Public Employees’ Retirement Association (PERA), as recorded on June 24, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Colorado PERA Governance Committee Meeting Materials 2026-06-24 (AgendaPacket), dated June 24, 2026 from Colorado Public Employees’ Retirement Association (PERA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northern Trust hold?

Northern Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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