city OF ATLANTA, Dept. of Housing and Community Development Awards Financial Services Contract to Principal Financial Group Inc (July 2020)
city OF ATLANTA, Dept. of Housing and Community DevelopmentLocal Housing Authority · Atlanta, GA- Approved
- Jul 29, 2020
The 30-second brief
Atlanta Housing’s Board approved a contract with Principal Financial Group, Inc., alongside Wells Fargo Bank, N.A., to provide recordkeeping, administrative, and trustee services for its defined contribution retirement plans. The contract runs an initial three-year term with options for seven one-year extensions and includes service fees guaranteed for five years.
Principal Financial Group Inc holds this financial services contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for Miami County and City of Crawford.
Term as filed: Initial term of three years with options to extend for seven additional one-year periods, total term not to exceed ten years from date of initial contract; fees guaranteed for five years per Exhibit FIN-1.
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Contract details
- Contract type
- Financial Services
- Document date
- July 29, 2020
- Term
- Initial term of three years with options to extend for seven additional one-year periods, total term not to exceed ten years from date of initial contract; fees guaranteed for five years per Exhibit FIN-1
- Source document
- the-housing-authority-of-the-city-of-atlanta-resolution-fin-1-defined-contribution-retirement-plans-vendor-procurement-july-29-2020_bbf.pdf (Resolution)
Principal Financial Group Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by city OF ATLANTA, Dept. of Housing and Community Development?
Principal Financial Group Inc was awarded this financial services contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on July 29, 2020.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in the-housing-authority-of-the-city-of-atlanta-resolution-fin-1-defined-contribution-retirement-plans-vendor-procurement-july-29-2020_bbf.pdf (Resolution), dated July 29, 2020 from city OF ATLANTA, Dept. of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Principal Financial Group Inc hold?
Principal Financial Group Inc 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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