Town of Conemaugh Awards Financial Services Contract to Somerset Trust Investment Management (October 2025)
- Disclosed value
- $209,468.00 (Police $90,880.00; Non-Uniformed $118,588.00)
- From minutes
- Approved
- Oct 15, 2025
- Term
- 2025 plan year
The 30-second brief
Conemaugh Township Supervisors approved depositing a total of $209,468.00 with Somerset Trust Investment Management for the 2025 Police and Non-Uniformed Pension Plans. The deposits satisfy the township’s 2025 Minimum Municipal Obligation using a combination of state aid and General Fund dollars.
Somerset Trust Investment Management holds this financial services contract with Town of Conemaugh.
Term as filed: 2025 plan year.
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Contract details
- Contract type
- Financial Services
- Amount
- $209,468.00 (Police $90,880.00; Non-Uniformed $118,588.00)
- Document date
- October 15, 2025
- Term
- 2025 plan year
- Agency
- Town of Conemaugh
- Source document
- Conemaugh Township Board of Supervisors Meeting Minutes 2025-10-15 (Minutes)
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Questions about this contract
Who was awarded the financial services contract by Town of Conemaugh?
Somerset Trust Investment Management was awarded this financial services contract by Town of Conemaugh, as recorded on October 15, 2025. The contract value is $209,468.00 (Police $90,880.00; Non-Uniformed $118,588.00).
How much is the Somerset Trust Investment Management contract with Town of Conemaugh worth?
The Somerset Trust Investment Management contract with Town of Conemaugh is valued at $209,468.00 (Police $90,880.00; Non-Uniformed $118,588.00), 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 Conemaugh Township Board of Supervisors Meeting Minutes 2025-10-15 (Minutes), dated October 15, 2025 from Town of Conemaugh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Somerset Trust Investment Management hold?
Somerset Trust Investment Management 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 Town of Conemaugh currently buying?
Explore Town of Conemaugh's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.