City of Sarasota Awards Financial Services Contract to NEWTON (July 2026)
City of SarasotaCity · Sarasota, FL- Disclosed value
- 0.25% fee; no asset minimum
- From minutes
- Approved
- Jul 23, 2026
- Term
- Approximately 30-day transition
The 30-second brief
The General Employees’ Pension Plan Board unanimously approved investing the proceeds from its Hudson Edge divestment in the BNYM Newton Dynamic Value fund. Graystone reported a 0.25% fee with no asset minimum, and the transition was expected to take about 30 days.
NEWTON holds this financial services contract with City of Sarasota. Its other public contracts on record include work for Oklahoma Firefighters Pension and Retirement System | State of Oklahoma and Kittatinny Regional School District.
Term as filed: Approximately 30-day transition.
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Contract details
- Contract type
- Financial Services
- Amount
- 0.25% fee; no asset minimum
- Document date
- July 23, 2026
- Term
- Approximately 30-day transition
- Vendor
- NEWTON
- Agency
- City of Sarasota
- Source document
- City of Sarasota Minutes General Employees’ Pension Plan Board of Trustees Regular Meeting 2026-07-23 (Minutes)
NEWTON's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Sarasota?
NEWTON was awarded this financial services contract by City of Sarasota, as recorded on July 23, 2026. The contract value is 0.25% fee; no asset minimum.
How much is the NEWTON contract with City of Sarasota worth?
The NEWTON contract with City of Sarasota is valued at 0.25% fee; no asset minimum, 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 Sarasota Minutes General Employees’ Pension Plan Board of Trustees Regular Meeting 2026-07-23 (Minutes), dated July 23, 2026 from City of Sarasota. 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 Sarasota currently buying?
Explore City of Sarasota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.