FINANCIAL_SERVICESPENDING

SRSD Plans $5.6M Pension Liability Payment to City

San Rafael Sanitation District plans to pay the City of San Rafael an estimated $5,587,000 toward its unfunded pension liability, with final amounts to be trued up once MCERA provides an updated June 30, 2026 valuation. The draft letter sets out the timing and reconciliation process for the obligation under the Separation Agreement.

Status
PENDING
Document date
August 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
City of San Rafael
Agency
San Rafael Sanitation District · CA

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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
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
$5,587,000
Contract type
FINANCIAL_SERVICES
Renewal
Process includes initial payment of the 2024 estimated unfunded liability, followed by an adjustment payment or reimbursement within 60 days of MCERA’s updated June 30, 2026 valuation; no recurring renewal, but a one-time settlement mechanism.
Document type
AgendaPacket
Source document
San Rafael Sanitation District Agenda Packet 2026-08-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by San Rafael Sanitation District?

City of San Rafael was awarded this financial services contract by San Rafael Sanitation District, as recorded on August 21, 2026. The contract value is $5,587,000.

How much is the City of San Rafael contract with San Rafael Sanitation District worth?

The City of San Rafael contract with San Rafael Sanitation District is valued at $5,587,000, 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 Rafael Sanitation District Agenda Packet 2026-08-21 (AgendaPacket), dated August 21, 2026 from San Rafael Sanitation District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of San Rafael hold?

City of San Rafael 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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What is San Rafael Sanitation District currently buying?

Explore San Rafael Sanitation District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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