CONTRACTONGOING

Library Invests Surplus Funds in State LAIF Pool

San Mateo County Library logoSan Mateo County Library
Disclosed value
$2,348,676
From agendapacket
Document date
Feb 3, 2025

The 30-second brief

What it covers

San Mateo County Library JPA invests approximately $2.35 million in the California Local Agency Investment Fund (LAIF), leveraging the state’s pooled investment program for safety and liquidity of surplus funds.

Who holds it

California Local Agency Investment Fund (Laif) holds this financial services contract with San Mateo County Library. Its other public contracts on record include work for National Water Research Institute and Tuolumne Utilities District.

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Contract details

Contract type
Financial Services
Amount
$2,348,676
Document date
February 3, 2025
Vendor
California Local Agency Investment Fund (Laif)
Source document
San Mateo County Library Joint Powers Authority Governing Board Agenda Packet 2025-02-03 (AgendaPacket)

California Local Agency Investment Fund (Laif)'s other public contracts

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Questions about this contract

Who was awarded the financial services contract by San Mateo County Library?

California Local Agency Investment Fund (Laif) was awarded this financial services contract by San Mateo County Library, as recorded on February 3, 2025. The contract value is $2,348,676.

How much is the California Local Agency Investment Fund (Laif) contract with San Mateo County Library worth?

The California Local Agency Investment Fund (Laif) contract with San Mateo County Library is valued at $2,348,676, covering financial services work.

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 San Mateo County Library Joint Powers Authority Governing Board Agenda Packet 2025-02-03 (AgendaPacket), dated February 3, 2025 from San Mateo County Library. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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