FINANCIAL_SERVICESAPPROVED

City of Portland Awards Financial Services Contract to Equitable Advisors (March 2026)

City Council approved the adoption of a 457(b) Retirement Plan administered by Equitable Advisors for city employees. The plan will be funded via employee payroll deductions at an estimated 1.1% cost to the participant.

Status
APPROVED
Document date
March 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Equitable Advisors
Agency
City of Portland · IN

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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
1.1% (employee paid)
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing, as long as city employees participate
Renewal
Plan is ongoing unless terminated by council or vendor notice; no stated auto-renewal or end date.
Document type
Minutes
Source document
City of Portland City Council Minutes March 2026

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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 Portland?

Equitable Advisors was awarded this financial services contract by City of Portland, as recorded on March 2, 2026. The contract value is 1.1% (employee paid).

How much is the Equitable Advisors contract with City of Portland worth?

The Equitable Advisors contract with City of Portland is valued at 1.1% (employee paid), 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 City of Portland City Council Minutes March 2026 (Minutes), dated March 2, 2026 from City of Portland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Equitable Advisors hold?

Equitable Advisors 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 Equitable Advisors's profile

What is City of Portland currently buying?

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

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