District Holds GM Commercial Paper Investments
Lansing Public School DistrictSchool · Lansing, MI- Disclosed value
- $7,430,848.17 (commercial paper holdings: $1,766,359.48 maturing 06.02.2025 and $5,664,488.69 maturing 07.09.2025)
- From report
- Document date
- May 31, 2025
The 30-second brief
Lansing Public School District invests in GM commercial paper as part of its Fifth Third-managed portfolio, with positions maturing in June and July 2025. Proceeds from maturing GM paper on June 2, 2025 were reinvested into a Parker Hannifin position at a 4.41% yield through July 28, 2025.
GM holds this financial services contract with Lansing Public School District. Its other public contracts on record include work for Town of Bucklin and Town of Blackfalds.
Term as filed: Commercial paper maturities on 06.02.2025 and 07.09.2025; note of reinvestment on 06.02.2025 to 07.28.2025 at 4.41%.
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Contract details
- Contract type
- Financial Services
- Amount
- $7,430,848.17 (commercial paper holdings: $1,766,359.48 maturing 06.02.2025 and $5,664,488.69 maturing 07.09.2025)
- Document date
- May 31, 2025
- Term
- Commercial paper maturities on 06.02.2025 and 07.09.2025; note of reinvestment on 06.02.2025 to 07.28.2025 at 4.41%
- Vendor
- GM
- Source document
- lansing-public-school-districtreport2025-05-31_be5.pdf (Report)
GM's other public contracts
More Lansing Public School District contracts
Questions about this contract
Who was awarded the financial services contract by Lansing Public School District?
GM was awarded this financial services contract by Lansing Public School District, as recorded on May 31, 2025. The contract value is $7,430,848.17 (commercial paper holdings: $1,766,359.48 maturing 06.02.2025 and $5,664,488.69 maturing 07.09.2025).
How much is the GM contract with Lansing Public School District worth?
The GM contract with Lansing Public School District is valued at $7,430,848.17 (commercial paper holdings: $1,766,359.48 maturing 06.02.2025 and $5,664,488.69 maturing 07.09.2025), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in lansing-public-school-districtreport2025-05-31_be5.pdf (Report), dated May 31, 2025 from Lansing Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does GM hold?
GM may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Lansing Public School District currently buying?
Explore Lansing Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.