Civic IQ
CONTRACTONGOING
Get alerts

Federated Hermes manages $0.85M cash allocation

City of Sterling Heights logoCity of Sterling Heights
Disclosed value
$854,724
From minutes
Document date
Jun 18, 2026
Term
As of May 31, 2026

The 30-second brief

What it covers

Federated Hermes held $854,724 in cash or liquidity assets for the Sterling Heights General Employees' Retirement System as of May 31, 2026, supporting short-term cash management needs.

Who holds it

Federated Hermes holds this financial services contract with City of Sterling Heights. Its other public contracts on record include work for West Virginia Board of Treasury Investments | State of West Virginia and City of Cheyenne.

What happens next

Term as filed: As of May 31, 2026.

See who signed off on this $854.7K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$854,724
Document date
June 18, 2026
Term
As of May 31, 2026
Vendor
Federated Hermes
Agency
City of Sterling Heights
Source document
Sterling Heights General Employees' Retirement System Minutes 2026-06-18 (Minutes)

Federated Hermes's other public contracts

West Virginia Board of Treasury Investments | State of West Virginia, West VirginiaDue Diligence Review Set for Federated Hermes · Oct 17, 2026UndisclosedCity of Cheyenne, WyomingFederated Hermes Advises Cheyenne on Investment Policy · Oct 10, 2026UndisclosedCity of Cheyenne, WyomingCheyenne Identifies Federated Hermes as Investment Advisor · Oct 10, 2026UndisclosedWest Virginia Board of Treasury Investments | State of West Virginia, West VirginiaFederated Hermes Advises West Virginia Money Market Pool · Sep 30, 2026UndisclosedCoppell Independent School District, TexasCoppell ISD Approves Federated Hermes Investment Contact · Sep 28, 2026UndisclosedAll Federated Hermes contractsVendor profile

More City of Sterling Heights contracts

Vmt LawVMT Law Continues as Retirement System Legal Counsel · Oct 15, 2026UndisclosedFifth Third BankRetirement System Reviews Fifth Third Assets Statement · Oct 14, 2026UndisclosedFifth Third BankRetirement System Reviews Fifth Third Benefit Register · Oct 14, 2026UndisclosedMorgan StanleyRetirement System Reviews Morgan Stanley Assets Statement · Oct 14, 2026UndisclosedKimberly FenceFence Variance Approved for Kimberly Fence Installation · Sep 23, 2026UndisclosedAll City of Sterling Heights activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Sterling Heights?

Federated Hermes was awarded this financial services contract by City of Sterling Heights, as recorded on June 18, 2026. The contract value is $854,724.

How much is the Federated Hermes contract with City of Sterling Heights worth?

The Federated Hermes contract with City of Sterling Heights is valued at $854,724, 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 Sterling Heights General Employees' Retirement System Minutes 2026-06-18 (Minutes), dated June 18, 2026 from City of Sterling Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Federated Hermes hold?

Federated Hermes 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 Sterling Heights currently buying?

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

Work in government? Get Civic IQ free →
More City of Sterling Heights contracts →Browse all agencies in Michigan →