CONTRACTONGOING

Springfield Reports $1.11 Million in Michigan CLASS

City of Springfield
Disclosed value
$1,112,416.74 value at 9/30/2026; $500,000 term investment
From agendapacket
Document date
Nov 14, 2026
Renews
Free account

The 30-second brief

What it covers

Springfield reported $1.11 million in Michigan CLASS holdings at September 30, 2026, including a $500,000 Term Series II investment. The term investment matures June 17, 2027 and carries a reported 4.48% rate.

Who holds it

Michigan Class holds this financial services contract with City of Springfield. Its other public contracts on record include work for Farmington Community Library and Town of Middle Branch.

What happens next

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Contract details

Contract type
Financial Services
Amount
$1,112,416.74 value at 9/30/2026; $500,000 term investment
Document date
November 14, 2026
Term
Michigan CLASS Term Series II maturity 6/17/2027
Renews
On record
Source document
City of Springfield AgendaPacket City Council Meeting 2026-11-16 (AgendaPacket)

Michigan Class's other public contracts

More City of Springfield contracts

Questions about this contract

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

Michigan Class was awarded this financial services contract by City of Springfield, as recorded on November 14, 2026. The contract value is $1,112,416.74 value at 9/30/2026; $500,000 term investment.

How much is the Michigan Class contract with City of Springfield worth?

The Michigan Class contract with City of Springfield is valued at $1,112,416.74 value at 9/30/2026; $500,000 term investment, 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 Springfield AgendaPacket City Council Meeting 2026-11-16 (AgendaPacket), dated November 14, 2026 from City of Springfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Michigan Class hold?

Michigan Class 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 Springfield currently buying?

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

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