FINANCIAL_SERVICESAPPROVED

City of Traverse Awards $360,000 Financial Services Contract to Fidelity Total Market Index Fund (August 2026)

The ACT 345 Retiree Health Board authorized a $360,000 investment in the Equity Fidelity Total Market Index Fund from the City's $923,491 retiree health contribution, allocating a portion of retiree health assets to equity markets.

Status
APPROVED
Document date
August 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Fidelity Total Market Index Fund
Agency
City of Traverse · MI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$360,000
Contract type
FINANCIAL_SERVICES
Renewal
Investment allocation may be adjusted in future Board decisions; no explicit renewal or end date is described in the minutes.
Document type
Agenda
Source document
City of Traverse City Agenda ACT 345 Retiree Health Board Meeting 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Fidelity Total Market Index Fund was awarded this financial services contract by City of Traverse, as recorded on August 25, 2026. The contract value is $360,000.

How much is the Fidelity Total Market Index Fund contract with City of Traverse worth?

The Fidelity Total Market Index Fund contract with City of Traverse is valued at $360,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Traverse City Agenda ACT 345 Retiree Health Board Meeting 2026-08-25 (Agenda), dated August 25, 2026 from City of Traverse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fidelity Total Market Index Fund hold?

Fidelity Total Market Index Fund may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Fidelity Total Market Index Fund's profile

What is City of Traverse currently buying?

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

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