CONTRACTONGOING

Town Utilizes CT STIF for Short-Term Cash Investments

Disclosed value: $12,352,040.22 at 3.87% effective 30-day yield; From agenda
Document date: Jan 20, 2026

What it covers

Simsbury invests over $12.3 million in the Connecticut Short-Term Investment Fund at a 3.87% effective 30-day yield, enhancing returns on pooled municipal cash. The CT STIF account provides flexible, short-term liquidity for Town operations.

Who holds it

Ct Stif holds this financial services contract with Town of Simsbury. Its other public contracts on record include work for Town of Greenwich and Greenwich Housing Authority.

What happens next

Term as filed: Short-term investment pool with effective 30-day yield; no fixed maturity.

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Contract details

Contract type: Financial Services
Amount: $12,352,040.22 at 3.87% effective 30-day yield
Document date: January 20, 2026
Term: Short-term investment pool with effective 30-day yield; no fixed maturity
Vendor: Ct Stif
Agency: Town of Simsbury
Source document: Simsbury Board of Finance Agenda January 2026 (Agenda)

Ct Stif's other public contracts

Town of Greenwich, ConnecticutGreenwich Discusses Cash Strategy With CT STIF Officials · Oct 22, 2026Undisclosed Town of Greenwich, ConnecticutGreenwich Continues Cash Investments In CT STIF · Oct 22, 2026Undisclosed Greenwich Housing Authority, ConnecticutTown Maintains Major Investments in State Short-Term Investment Fund (CT STIF) · Oct 15, 2025Undisclosed Town of Greenwich, ConnecticutTown Invests $12M Capital Proceeds in CT STIF · Feb 19, 2025$12 million All Ct Stif contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Town of Simsbury?

Ct Stif was awarded this financial services contract by Town of Simsbury, as recorded on January 20, 2026. The contract value is $12,352,040.22 at 3.87% effective 30-day yield.

How much is the Ct Stif contract with Town of Simsbury worth?

The Ct Stif contract with Town of Simsbury is valued at $12,352,040.22 at 3.87% effective 30-day yield, 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 Simsbury Board of Finance Agenda January 2026 (Agenda), dated January 20, 2026 from Town of Simsbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ct Stif hold?

Ct Stif may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Simsbury currently buying?

Explore Town of Simsbury's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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