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City of Coral Gables Awards $12,000,000 Financial Services Contract to Richmond Capital (September 2026)

City of Coral Gables logoCity of Coral Gables
Disclosed value
$12,000,000
From minutes
Approved
Sep 17, 2026

The 30-second brief

What it covers

The Retirement Board approved a $12 million allocation to Richmond Capital as part of its fixed-income rebalancing plan. The allocation was intended to address the Fund’s fixed-income underweight while maintaining liquidity.

Who holds it

Richmond Capital holds this financial services contract with City of Coral Gables. Its other public contracts on record include work for Sanibel Police Retirement Fund and Miami City General And Sanitation Employee Retirement Trust.

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Contract details

Contract type
Financial Services
Amount
$12,000,000
Document date
September 17, 2026
Vendor
Richmond Capital
Agency
City of Coral Gables
Source document
Coral Gables Retirement System Minutes Retirement Board Meeting 2026-09-17 (Minutes)

Richmond Capital's other public contracts

Sanibel Police Retirement Fund, FloridaPension Board Receives Richmond Capital Portfolio Report · Nov 3, 2026UndisclosedMiami City General And Sanitation Employee Retirement Trust, FloridaRetirement Trust Reviews Richmond Capital Report · Sep 25, 2026UndisclosedFort Pierce City Retirement Trust Fund, FloridaRichmond Capital Manages Pension Fixed-Income Assets · Sep 16, 2026UndisclosedCity of Fort Pierce, FloridaRichmond Capital Retains Fixed Income Mandate · Nov 19, 2025UndisclosedTX-State-Emergency Services Retirement System, TexasTESRS Approves $3 Million Richmond Capital Investment · Nov 13, 2025$3 millionAll Richmond Capital contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Coral Gables?

Richmond Capital was awarded this financial services contract by City of Coral Gables, as recorded on September 17, 2026. The contract value is $12,000,000.

How much is the Richmond Capital contract with City of Coral Gables worth?

The Richmond Capital contract with City of Coral Gables is valued at $12,000,000, 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 Coral Gables Retirement System Minutes Retirement Board Meeting 2026-09-17 (Minutes), dated September 17, 2026 from City of Coral Gables. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Richmond Capital hold?

Richmond Capital 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 City of Coral Gables currently buying?

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

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