Civic IQ
FINANCIAL_SERVICESONGOING

Federated Hermes advises Florida PRIME investment portfolio

Federated Hermes continues to serve as investment advisor to Florida PRIME, managing the Local Government Surplus Funds Trust Fund’s portfolio and supporting statutory reporting and compliance. The advisory engagement underpins the fund’s AAAm rating, liquidity profile, and conservative investment strategy for Florida governmental participants.

Document date · June 9, 2026

Issuing agencyFL-State-State Board of AdministrationVendorFederated Hermes

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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 type
FINANCIAL_SERVICES
Renewal
The document references an ongoing advisory role but does not specify contract start, end, or renewal terms; the engagement appears continuous subject to SBA policies and future board actions.
Document type
AgendaPacket
Source document
State Board of Administration Agenda Packet 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 FL-State-State Board of Administration?

Federated Hermes was awarded this financial services contract by FL-State-State Board of Administration, as recorded on June 9, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in State Board of Administration Agenda Packet 2026-06-09 (AgendaPacket), dated June 9, 2026 from FL-State-State Board of Administration. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Federated Hermes hold?

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