CONTRACTAPPROVED

City of Redwood Awards Financial Services Contract to Pfm Asset Management LLC (October 2026)

City of Redwood logoCity of Redwood
Disclosed value
Initial not-to-exceed amount of $370,000; total aggregate not-to-exceed amount with extension of $635,000
From minutes
Approved
Oct 26, 2026
Renews
Free account

The 30-second brief

What it covers

Redwood City approved a three-year investment advisory services agreement with PFM Asset Management LLC for up to $370,000. The City may extend the agreement for one additional two-year period, bringing the total aggregate maximum value to $635,000.

Who holds it

Pfm Asset Management LLC holds this financial services contract with City of Redwood. Its other public contracts on record include work for Highlands Metropolitan District No. 4 and Village Community Development Districts.

What happens next

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Contract details

Contract type
Financial Services
Amount
Initial not-to-exceed amount of $370,000; total aggregate not-to-exceed amount with extension of $635,000
Document date
October 26, 2026
Term
Three-year term; one additional two-year extension period
Renews
On record
Source document
Redwood City Minutes Regular Meeting October 26, 2026 (Minutes)

Pfm Asset Management LLC's other public contracts

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Questions about this contract

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

Pfm Asset Management LLC was awarded this financial services contract by City of Redwood, as recorded on October 26, 2026. The contract value is Initial not-to-exceed amount of $370,000; total aggregate not-to-exceed amount with extension of $635,000.

How much is the Pfm Asset Management LLC contract with City of Redwood worth?

The Pfm Asset Management LLC contract with City of Redwood is valued at Initial not-to-exceed amount of $370,000; total aggregate not-to-exceed amount with extension of $635,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Redwood City Minutes Regular Meeting October 26, 2026 (Minutes), dated October 26, 2026 from City of Redwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pfm Asset Management LLC hold?

Pfm Asset Management LLC 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 Redwood currently buying?

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

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