FINANCIAL_SERVICESONGOING

UMass Uses MMDT For Short-Term Investment Pool

The University of Massachusetts utilizes the Massachusetts Municipal Depository Trust as an authorized external investment pool for short-term cash holdings. MMDT provides a money market-like vehicle with amortized cost reporting and stable net asset value.

Document date · June 30, 2022

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WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
MMDT is an ongoing authorized investment option with no specified end date; usage continues as part of routine cash and investment management.
Document type
Report
Source document
university_of_massachusetts_schedule_of_expenditur.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by University Of Massachusetts-Central Office?

Massachusetts Municipal Depository Trust was awarded this financial services contract by University Of Massachusetts-Central Office, as recorded on June 30, 2022.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in university_of_massachusetts_schedule_of_expenditur.pdf (Report), dated June 30, 2022 from University Of Massachusetts-Central Office. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Massachusetts Municipal Depository Trust hold?

Massachusetts Municipal Depository Trust 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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