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City of Sanibel - Recreation Dept. Awards $360,000 Financial Services Contract to VIRTUS (August 2026)

City of Sanibel - Recreation Dept. logoCity of Sanibel - Recreation Dept.
Disclosed value
$360,000
From agendapacket
Approved
Aug 12, 2026

The 30-second brief

What it covers

Sanibel's pension board approved liquidating $360,000 from its Virtus CERADEX Large Cap Value position. The transaction formed part of an $860,000 rebalance to increase cash available for future pension liabilities.

Who holds it

VIRTUS holds this financial services contract with City of Sanibel - Recreation Dept.. Its other public contracts on record include work for Palmyra village and South Dakota DOE | State Council for Educational Opportunity for Military Children.

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Contract details

Contract type
Financial Services
Amount
$360,000
Document date
August 12, 2026
Vendor
VIRTUS
Agency
City of Sanibel - Recreation Dept.
Source document
City of Sanibel AgendaPacket Municipal Police Officers' Retirement Trust Fund Agenda and Reports 2026-08-12 (AgendaPacket)

VIRTUS's other public contracts

Palmyra village, WisconsinUtility Agreement With Virtus Set for Board Approval · Sep 21, 2026UndisclosedPalmyra village, WisconsinVirtus to Update Board on Westfield Development · Aug 3, 2026UndisclosedPalmyra village, WisconsinVirtus Provides Ongoing Westfield Development Update · Aug 3, 2026UndisclosedSouth Dakota DOE | State Council for Educational Opportunity for Military Children, South Dakota529 Plan Update Includes Quarterly Review With Virtus · Apr 16, 2026UndisclosedSouth Dakota Investment Council | State of South Dakota, South DakotaCouncil Reviews 529 Plan Relationship With Virtus · Apr 16, 2026UndisclosedAll VIRTUS contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Sanibel - Recreation Dept.?

VIRTUS was awarded this financial services contract by City of Sanibel - Recreation Dept., as recorded on August 12, 2026. The contract value is $360,000.

How much is the VIRTUS contract with City of Sanibel - Recreation Dept. worth?

The VIRTUS contract with City of Sanibel - Recreation Dept. is valued at $360,000, 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 City of Sanibel AgendaPacket Municipal Police Officers' Retirement Trust Fund Agenda and Reports 2026-08-12 (AgendaPacket), dated August 12, 2026 from City of Sanibel - Recreation Dept.. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VIRTUS hold?

VIRTUS 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 Sanibel - Recreation Dept. currently buying?

Explore City of Sanibel - Recreation Dept.'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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