FINANCIAL_SERVICESONGOING

Fund Extends SSPF Strategy Under Fee Credits

The Board will maintain its current redemption strategy with J.P. Morgan’s Special Situation Property Fund to capitalize on its fee credit program, which runs through December 2027. SSPF remains an active real estate investment for the Fund with $820,000 in FY 2025-2026 budgeted management fees.

Status
ONGOING
Document date
August 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
J.p. Morgan Special Situation Property Fund (sspf)
Agency
City of Miami Beach · FL

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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
$820,000 management fees budgeted; fee credit program through December 2027
Contract type
FINANCIAL_SERVICES
Contract term
Fee credit program through December 2027; redemption strategy ongoing
Renewal date
2027-12-31
Renewal
Fee credit program keeps favorable terms through December 2027; Board can adjust redemptions as conditions change.
Document type
Agenda
Source document
City Pension Fund for Firefighters and Police Officers in the City of Miami Beach Agenda 2026-08-20

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Miami Beach?

J.p. Morgan Special Situation Property Fund (sspf) was awarded this financial services contract by City of Miami Beach, as recorded on August 20, 2026. The contract value is $820,000 management fees budgeted; fee credit program through December 2027.

How much is the J.p. Morgan Special Situation Property Fund (sspf) contract with City of Miami Beach worth?

The J.p. Morgan Special Situation Property Fund (sspf) contract with City of Miami Beach is valued at $820,000 management fees budgeted; fee credit program through December 2027, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City Pension Fund for Firefighters and Police Officers in the City of Miami Beach Agenda 2026-08-20 (Agenda), dated August 20, 2026 from City of Miami Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does J.p. Morgan Special Situation Property Fund (sspf) hold?

J.p. Morgan Special Situation Property Fund (sspf) 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 J.p. Morgan Special Situation Property Fund (sspf)'s profile

What is City of Miami Beach currently buying?

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

View City of Miami Beach's profile

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