FINANCIAL_SERVICESONGOING

County Maintains Multi-Million PALM Term Investments

Seminole County manages several significant PALM term investments totaling over $40 million with maturities in late 2025 and mid-2026. The advisor further recommends placing an additional $20 million into PALM terms extending into mid-2026 to maintain yield and liquidity.

Document date · October 28, 2025

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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
$10,400,000 term investment @ 4.46% maturing 11/21/2025 and $20,700,000 term investment @ 4.46% maturing 11/25/2025; recent $10,700,000 term @ 3.93% to 6/25/2026
Contract type
FINANCIAL_SERVICES
Contract term
Maturities 2025-11-21, 2025-11-25, and 2026-06-25
Renewal date
2026-06-25
Renewal
Two PALM term investments maturing in November 2025 and one maturing June 2026; advisor suggests rolling $20M into new PALM term out to July/August 2026.
Document type
Agenda
Source document
Seminole County Board of County Commissioners Meeting Agenda 2025-10-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Seminole county Housing Authority?

PALM was awarded this financial services contract by Seminole county Housing Authority, as recorded on October 28, 2025. The contract value is $10,400,000 term investment @ 4.46% maturing 11/21/2025 and $20,700,000 term investment @ 4.46% maturing 11/25/2025; recent $10,700,000 term @ 3.93% to 6/25/2026.

How much is the PALM contract with Seminole county Housing Authority worth?

The PALM contract with Seminole county Housing Authority is valued at $10,400,000 term investment @ 4.46% maturing 11/21/2025 and $20,700,000 term investment @ 4.46% maturing 11/25/2025; recent $10,700,000 term @ 3.93% to 6/25/2026, 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 Seminole County Board of County Commissioners Meeting Agenda 2025-10-28 (Agenda), dated October 28, 2025 from Seminole county Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PALM hold?

PALM 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 Seminole county Housing Authority currently buying?

Explore Seminole county Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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