FINANCIAL_SERVICESAPPROVED

Town of Florence Awards $2,024,994 Financial Services Contract to Public Safety Personnel Retirement System (June 2025)

The Town of Florence authorized a one-time payment of $2,024,994 to the Public Safety Personnel Retirement System to eliminate its unfunded liability for the current fiscal year. The action supports long-term pension funding stability for public safety employees.

Status
APPROVED
Document date
June 17, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Public Safety Personnel Retirement System
Agency
Town of Florence · AZ

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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
$2,024,994
Contract type
FINANCIAL_SERVICES
Contract term
One-time payment for current fiscal year unfunded liability
Renewal
One-time payment for the current fiscal year’s unfunded liability; future payments will depend on subsequent actuarial valuations.
Document type
Minutes
Source document
town-of-florence-council-meeting-minutes-june-17-2025_57a.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Florence?

Public Safety Personnel Retirement System was awarded this financial services contract by Town of Florence, as recorded on June 17, 2025. The contract value is $2,024,994.

How much is the Public Safety Personnel Retirement System contract with Town of Florence worth?

The Public Safety Personnel Retirement System contract with Town of Florence is valued at $2,024,994, 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 town-of-florence-council-meeting-minutes-june-17-2025_57a.pdf (Minutes), dated June 17, 2025 from Town of Florence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Public Safety Personnel Retirement System hold?

Public Safety Personnel Retirement System 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 Public Safety Personnel Retirement System's profile

What is Town of Florence currently buying?

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

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