Federated Hermes Provides Cash-Equivalent Vehicle
City of Sterling HeightsCity · Sterling Heights, MI- Disclosed value
- $3,697 balance reported
- From minutes
- Document date
- Sep 18, 2025
- Term
- As of August 31, 2025 month end
The 30-second brief
As of August 31, 2025, the plan held a $3,697 balance with Federated Hermes, likely in a money market or liquidity vehicle. This forms part of the system’s short-term cash management.
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.
Term as filed: As of August 31, 2025 month end.
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Contract details
- Contract type
- Financial Services
- Amount
- $3,697 balance reported
- Document date
- September 18, 2025
- Term
- As of August 31, 2025 month end
- Vendor
- Federated Hermes
- Agency
- City of Sterling Heights
- Source document
- general_employees_retirement_system_agenda_septemb.pdf (Minutes)
Federated Hermes's other public contracts
More City of Sterling Heights contracts
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 September 18, 2025. The contract value is $3,697 balance reported.
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 $3,697 balance reported, 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 general_employees_retirement_system_agenda_septemb.pdf (Minutes), dated September 18, 2025 from City of Sterling Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.