PFRS Recommends Five-Year Northern Trust Custody Renewal
City of OaklandCity · Oakland, CA- Disclosed value
- Not to exceed $137,000 per year
- From agendapacket
- Document date
- Oct 28, 2026
- Renews
- Free account
The 30-second brief
The Oakland Police and Fire Retirement System recommended restating its professional services agreement with The Northern Trust Company. The five-year renewal would provide custodian bank and securities lending services at an annual fee not to exceed $137,000 through September 2031.
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).
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $137,000 per year
- Document date
- October 28, 2026
- Term
- Five years, effective October 1, 2026 through September 30, 2031
- Renews
- On record
- Vendor
- Northern Trust Company
- Agency
- City of Oakland
- Source document
- City of Oakland AgendaPacket Special Meeting of the Oakland Police and Fire Retirement System Board of Administration 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 Not to exceed $137,000 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 Not to exceed $137,000 per year, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Oakland AgendaPacket Special Meeting of the Oakland Police and Fire Retirement System Board of Administration 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.
