FINANCIAL_SERVICESAMENDED

Retirement Boards Extend Northern Trust Custody Contract

Sacramento Regional Transit’s Retirement Boards authorized a contract amendment with Northern Trust Company for retirement-fund custody and compliance monitoring. The two-year extension begins October 10, 2026, costs $194,400, and includes a one-year option for $96,000, increasing total consideration to $970,800.

Document date · September 9, 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
$194,400 for the two-year extension; additional one-year option at a fixed fee of $96,000; total contract consideration increases from $680,400 to $970,800
Contract type
FINANCIAL_SERVICES
Contract term
October 10, 2026 – October 9, 2028, with an optional one-year extension
Renewal date
2028-10-09
Renewal
Two-year extension approved through October 9, 2028, plus an optional one-year extension at a fixed fee of $96,000.
Document type
Agenda
Source document
Sacramento Regional Transit District Agenda Retirement Boards Combined Meeting September 9, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sacramento Regional Transit District?

Northern Trust Company was awarded this financial services contract by Sacramento Regional Transit District, as recorded on September 9, 2026. The contract value is $194,400 for the two-year extension; additional one-year option at a fixed fee of $96,000; total contract consideration increases from $680,400 to $970,800.

How much is the Northern Trust Company contract with Sacramento Regional Transit District worth?

The Northern Trust Company contract with Sacramento Regional Transit District is valued at $194,400 for the two-year extension; additional one-year option at a fixed fee of $96,000; total contract consideration increases from $680,400 to $970,800, 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 Sacramento Regional Transit District Agenda Retirement Boards Combined Meeting September 9, 2026 (Agenda), dated September 9, 2026 from Sacramento Regional Transit District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northern Trust Company hold?

Northern Trust Company 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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