Metropolitan St. Louis Sewer District Agenda 2026-06-11
Meeder Public Funds Chosen To Manage MSD Investments
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Description
MSD will introduce and adopt Ordinance 16833 to enter a one-year contract, with four optional renewal years, with Meeder Public Funds, Inc. for investment management services, following an RFP that drew seven bidders and a low bid of $150,000, with FY2027 spending estimated at $190,000.
Contract Details
Contract Amount
$150,000–est. $300,000 (bids); budgeted $190,000 (est.)
Vendor
MEEDER PUBLIC FUNDS INC
Agency
Metropolitan St. Louis Sewer District, MO
Contract Type
FINANCIAL_SERVICES
Document Date
June 6, 2026
Contract Term
1 year with 4 optional renewal years
Renewal Info
New investment management contract with Meeder Public Funds, Inc. with four optional one-year renewals replacing prior US Bancorp arrangement; selected through RFP 1521.
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APPROVEDIssuing Agency
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Special District
Saint Louis, MO
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