FINANCIAL_SERVICESAPPROVED

Westfield State University Awards $1,541,644 Financial Services Contract to Fund Evaluation Group Llc (June 2026)

The Finance Committee approved a FY26 investment income drawdown, authorizing a $1,541,644 transfer from the University’s investment accounts managed by Fund Evaluation Group LLC to its operating account at Berkshire Bank. The draw follows the institution’s 4% spending policy based on a 12‑quarter average portfolio value.

Status
APPROVED
Document date
June 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Fund Evaluation Group Llc
Agency
Westfield State University · MA

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WithersRavenel logo
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Comcate logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$1,541,644.00
Contract type
FINANCIAL_SERVICES
Contract term
FY26
Renewal date
2027-06-30
Renewal
Ongoing discretionary investment advisory engagement with annual spending calculation set at 4% of the 12‑quarter moving average market value unless modified by the Board.
Document type
AgendaPacket
Source document
Westfield State University Board of Trustees Finance Committee Agenda Packet 2026-06-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Westfield State University?

Fund Evaluation Group Llc was awarded this financial services contract by Westfield State University, as recorded on June 11, 2026. The contract value is $1,541,644.00.

How much is the Fund Evaluation Group Llc contract with Westfield State University worth?

The Fund Evaluation Group Llc contract with Westfield State University is valued at $1,541,644.00, 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 Westfield State University Board of Trustees Finance Committee Agenda Packet 2026-06-11 (AgendaPacket), dated June 11, 2026 from Westfield State University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fund Evaluation Group Llc hold?

Fund Evaluation Group Llc 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 Fund Evaluation Group Llc's profile

What is Westfield State University currently buying?

Explore Westfield State University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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