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FINANCIAL_SERVICESONGOING

Investment Management Agreement Expired in June

RCTC reported that its investment management agreement with Payden & Rygel Investment Management has expired. The firm had managed operating funds under a competitively procured agreement first approved in May 2013 and later extended through recurring contracts.

Document date · August 24, 2026

Issuing agencyRiverside County Transportation CommissionVendorPayden & Rygel Investment Management

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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 type
FINANCIAL_SERVICES
Contract term
Initial agreement approved in May 2013; extended through annual recurring contracts process; contract expired on June 30, 2026
Renewal date
2026-06-30
Renewal
Initial agreement approved in May 2013 through competitive procurement; later extended through annual recurring contracts process; expired June 30, 2026. Funds were transferred to the County Treasurer’s Pooled Investment Fund on a go-forward basis.
Document type
AgendaPacket
Source document
Riverside County Transportation Commission AgendaPacket Budget and Implementation Committee 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Riverside County Transportation Commission?

Payden & Rygel Investment Management was awarded this financial services contract by Riverside County Transportation Commission, as recorded on August 24, 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 Riverside County Transportation Commission AgendaPacket Budget and Implementation Committee 2026-08-24 (AgendaPacket), dated August 24, 2026 from Riverside County Transportation Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Payden & Rygel Investment Management hold?

Payden & Rygel Investment Management 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 Payden & Rygel Investment Management's profile

What is Riverside County Transportation Commission currently buying?

Explore Riverside County Transportation Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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