CONTRACTONGOING

Stem Establishes Capital Management Investment Accounts

Disclosed value: $500,000 General Fund; $100,000 Stormwater Fund (transferred); From minutes
Document date: Oct 22, 2025

What it covers

The Town of Stem established General Fund and Stormwater accounts with Capital Management and transferred a total of $600,000 for financial management. These accounts will support the town's investment and cash management needs.

Who holds it

Capital Management holds this financial services contract with Town of Stem. Its other public contracts on record include work for Town of Parkton and Town of Fremont.

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Contract details

Contract type: Financial Services
Amount: $500,000 General Fund; $100,000 Stormwater Fund (transferred)
Document date: October 22, 2025
Vendor: Capital Management
Agency: Town of Stem
Source document: town_of_stem_regular_meeting_minutes_october_2025.pdf (Minutes)

Capital Management's other public contracts

Town of Parkton, North CarolinaCapital Management Projects 3% Return on Town Investments · Jun 2, 2026Undisclosed Town of Fremont, North CarolinaInvestment Policy References Capital Management Services · Jan 20, 2026Undisclosed City of Lawton, IowaCapital Management lease renewal approved for 5 years · Nov 12, 2025Undisclosed City of Lawton, IowaCapital Management LLC ballfield lease approved · Sep 10, 2025$2.5K Town of East Bend, North CarolinaTown Approves Application to Invest with Capital Management · Jun 16, 2025Undisclosed All Capital Management contractsVendor profile

More Town of Stem contracts

Kerr-tar CogStem to Discuss Kerr-Tar Financial Administration Services · Oct 14, 2026Undisclosed Granville Search and RescueStem Discusses Funding Request from Search and Rescue · Sep 9, 2026Undisclosed Great Trail State CoalitionStem Tables Great Trail Coalition Membership Proposal · Aug 26, 2026$350 Town WebStem Continues Municipal Website Services With Town Web · Aug 26, 2026Undisclosed Turner AsphaltTurner Asphalt Bid Exceeds Stem Road Repair Budget · Aug 26, 2026$33.7K All Town of Stem activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Stem?

Capital Management was awarded this financial services contract by Town of Stem, as recorded on October 22, 2025. The contract value is $500,000 General Fund; $100,000 Stormwater Fund (transferred).

How much is the Capital Management contract with Town of Stem worth?

The Capital Management contract with Town of Stem is valued at $500,000 General Fund; $100,000 Stormwater Fund (transferred), 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 town_of_stem_regular_meeting_minutes_october_2025.pdf (Minutes), dated October 22, 2025 from Town of Stem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Capital Management hold?

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

What is Town of Stem currently buying?

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

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