CONTRACTAWARDED

City of Oakland Awards Financial Services Contract to Northern Trust Company (October 2026)

City of Oakland logoCity of Oakland
Disclosed value
$116,500 per year
From agendapacket
Awarded
Oct 28, 2026

The 30-second brief

What it covers

PFRS awarded The Northern Trust Company a master custody agreement for primary custodial and securities lending services. The agreement carried an annual fee of $116,500 and an initial three-year term with two one-year extension options.

Who holds it

Northern Trust Company holds this financial services contract with City of Oakland. Its other public contracts on record include work for Lansing Board Of Water And Light Pension Fund (Closed 1996).

What happens next

Term as filed: Three-year term commencing October 1, 2013, with options for two additional one-year terms.

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Contract details

Contract type
Financial Services
Amount
$116,500 per year
Document date
October 28, 2026
Term
Three-year term commencing October 1, 2013, with options for two additional one-year terms
Source document
Oakland Police and Fire Retirement System AgendaPacket Investment & Financial Matters Committee Meeting 2026-10-28 (AgendaPacket)

Northern Trust Company's other public contracts

More City of Oakland contracts

Questions about this contract

Who was awarded the financial services contract by City of Oakland?

Northern Trust Company was awarded this financial services contract by City of Oakland, as recorded on October 28, 2026. The contract value is $116,500 per year.

How much is the Northern Trust Company contract with City of Oakland worth?

The Northern Trust Company contract with City of Oakland is valued at $116,500 per year, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Oakland Police and Fire Retirement System AgendaPacket Investment & Financial Matters Committee Meeting 2026-10-28 (AgendaPacket), dated October 28, 2026 from City of Oakland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Northern Trust Company hold?

Northern Trust Company 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 Oakland currently buying?

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

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