City of Newport News Awards Financial Services Contract to Grain Communications (February 2025)
City of Newport NewsCity · Newport News, VA- Disclosed value
- $18.0M (shared across five new private equity managers)
- From meeting minutes
- Awarded
- Feb 27, 2025
The 30-second brief
The Retirement Fund committed part of a $18.0 million allocation to Grain Communications in 2024 as a new private equity manager in non-core infrastructure. This commitment supports diversification of the Fund’s alternative investment portfolio.
Grain Communications holds this financial services contract with City of Newport News.
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Contract details
- Contract type
- Financial Services
- Amount
- $18.0M (shared across five new private equity managers)
- Document date
- February 27, 2025
- Vendor
- Grain Communications
- Agency
- City of Newport News
- Source document
- city-of-newport-news-meeting-minutes-2025-02-27_31f.pdf (Meeting Minutes)
Grain Communications's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Newport News?
Grain Communications was awarded this financial services contract by City of Newport News, as recorded on February 27, 2025. The contract value is $18.0M (shared across five new private equity managers).
How much is the Grain Communications contract with City of Newport News worth?
The Grain Communications contract with City of Newport News is valued at $18.0M (shared across five new private equity managers), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-newport-news-meeting-minutes-2025-02-27_31f.pdf (Meeting Minutes), dated February 27, 2025 from City of Newport News. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Grain Communications hold?
Grain Communications 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 Newport News currently buying?
Explore City of Newport News's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.