City of Yakima Awards $1,000,000 Financial Services Contract to Ibm Inc (May 2026)

The City of Yakima added a $1,000,000 IBM Inc. security to its investment portfolio, maturing May 15, 2029, with a 4.12% yield. The purchase supports the city’s laddered investment strategy over a 3–4-year horizon.

Document date · May 19, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$1,000,000

Contract type

FINANCIAL_SERVICES

Contract term

Matures 05/15/2029

Renewal date

2029-05-15

Renewal

Single investment purchase held to maturity on 2029-05-15 unless sold earlier.

Document type

Agenda

Source document

Yakima City Council Agenda 2026-05-19

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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 Yakima?

Ibm Inc was awarded this financial services contract by City of Yakima, as recorded on May 19, 2026. The contract value is $1,000,000.

How much is the Ibm Inc contract with City of Yakima worth?

The Ibm Inc contract with City of Yakima is valued at $1,000,000, 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 Yakima City Council Agenda 2026-05-19 (Agenda), dated May 19, 2026 from City of Yakima. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ibm Inc hold?

Ibm Inc 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 Ibm Inc's profile

What is City of Yakima currently buying?

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

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