FINANCIAL_SERVICESONGOING

Q1 Management Fee to RhumbLine Approved

RhumbLine earned a $2,500 management fee for Q1 2026, continuing its contract for managing retirement system funds.

Status
ONGOING
Document date
May 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
RHUMBLINE
Agency
City of Somerville · MA

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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
$2,500 (Q1 management fee)
Contract type
FINANCIAL_SERVICES
Contract term
Q1 2026
Renewal date
2026-03-31
Renewal
Quarterly payments for management services.
Document type
Minutes
Source document
Somerville Retirement Board Minutes 2026-05-21

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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 Somerville?

RHUMBLINE was awarded this financial services contract by City of Somerville, as recorded on May 21, 2026. The contract value is $2,500 (Q1 management fee).

How much is the RHUMBLINE contract with City of Somerville worth?

The RHUMBLINE contract with City of Somerville is valued at $2,500 (Q1 management fee), 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 Somerville Retirement Board Minutes 2026-05-21 (Minutes), dated May 21, 2026 from City of Somerville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does RHUMBLINE hold?

RHUMBLINE 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 RHUMBLINE's profile

What is City of Somerville currently buying?

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

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