FINANCIAL_SERVICESAPPROVED

Los Angeles County Metro Transit Authority Awards $10,800,000 Financial Services Contract to City of Palmdale (July 2026)

Metro will set up a $10.8 million capital reserve funded by Proposition C and Measure R for Palmdale’s Ave R and R-8 Street Improvements Project through June 30, 2031. The reserve secures multiple funding sources against lapsing while design is finalized.

Document date · July 16, 2026

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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
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
$10,800,000
Contract type
FINANCIAL_SERVICES
Contract term
Capital reserve account through June 30, 2031
Renewal date
2031-06-30
Renewal
New Ave R & R-8 capital reserve account terminating June 30, 2031 unless extended.
Document type
StaffReport
Source document
Los Angeles County Metropolitan Transportation Authority StaffReport FY26 LOCAL RETURN CAPITAL RESERVE ACCOUNTS 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Los Angeles County Metro Transit Authority?

City of Palmdale was awarded this financial services contract by Los Angeles County Metro Transit Authority, as recorded on July 16, 2026. The contract value is $10,800,000.

How much is the City of Palmdale contract with Los Angeles County Metro Transit Authority worth?

The City of Palmdale contract with Los Angeles County Metro Transit Authority is valued at $10,800,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Los Angeles County Metropolitan Transportation Authority StaffReport FY26 LOCAL RETURN CAPITAL RESERVE ACCOUNTS 2026-07-16 (StaffReport), dated July 16, 2026 from Los Angeles County Metro Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Palmdale hold?

City of Palmdale 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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