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City of Port Orange Awards Financial Services Contract to NEWTON (December 2025)

City of Port Orange logoCity of Port Orange
Disclosed value
$1,000,000 (asset liquidation)
From minutes
Approved
Dec 1, 2025

The 30-second brief

What it covers

The Port Orange General Employees' Retirement Board approved the sale of $1 million in assets managed by Newton to raise cash for benefit payments. The transaction reallocates pension fund investments based on the consultant’s recommendation.

Who holds it

NEWTON holds this financial services contract with City of Port Orange. Its other public contracts on record include work for Oklahoma Firefighters Pension and Retirement System | State of Oklahoma and Kittatinny Regional School District.

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Contract details

Contract type
Financial Services
Amount
$1,000,000 (asset liquidation)
Document date
December 1, 2025
Vendor
NEWTON
Agency
City of Port Orange
Source document
City of Port Orange General Employees' Defined Benefit Retirement Plan Board of Trustees Quarterly Meeting Minutes 2025-12-01 (Minutes)

NEWTON's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Port Orange?

NEWTON was awarded this financial services contract by City of Port Orange, as recorded on December 1, 2025. The contract value is $1,000,000 (asset liquidation).

How much is the NEWTON contract with City of Port Orange worth?

The NEWTON contract with City of Port Orange is valued at $1,000,000 (asset liquidation), 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 City of Port Orange General Employees' Defined Benefit Retirement Plan Board of Trustees Quarterly Meeting Minutes 2025-12-01 (Minutes), dated December 1, 2025 from City of Port Orange. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does NEWTON hold?

NEWTON 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 Port Orange currently buying?

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

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