FINANCIAL_SERVICESONGOING

Vanguard 500 Index Retained for Core Equity Exposure

The Retirement System continues to utilize the Vanguard 500 Index fund to passively track the S&P 500 with $20.3 million in assets, paying a low 0.04% asset-based fee. This allocation anchors the plan's large-cap U.S. equity exposure.

Status
ONGOING
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Vanguard 500 Index
Agency
City of Gainesville · GA

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Derivita logo
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
0.040% of assets (estimated $8,118 annually on $20,293,774)
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
City of Gainesville Retirement Plan A Agenda 2026-06-09

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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 Gainesville?

Vanguard 500 Index was awarded this financial services contract by City of Gainesville, as recorded on June 9, 2026. The contract value is 0.040% of assets (estimated $8,118 annually on $20,293,774).

How much is the Vanguard 500 Index contract with City of Gainesville worth?

The Vanguard 500 Index contract with City of Gainesville is valued at 0.040% of assets (estimated $8,118 annually on $20,293,774), 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 Gainesville Retirement Plan A Agenda 2026-06-09 (Agenda), dated June 9, 2026 from City of Gainesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vanguard 500 Index hold?

Vanguard 500 Index may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Gainesville currently buying?

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

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