Investment policy citations need update
California Tax Credit Allocation CommitteeCalifornia- Detected
- Oct 1, 2026
- 34 days ago
- Sector
- Administration & Finance
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From the meeting
CDIAC warned local agencies to review and update investment policies for Government Code citation changes taking effect January 1, 2027. The renumbering affects the prudent investor standard and authorized investments, and agencies were told to complete policy review before the next annual adoption or as soon as practical. This is a compliance trigger for treasury policy updates and related advisory support.
- Meeting date
- October 1, 2026
- Agency
- California Tax Credit Allocation Committee
Questions about this project
What is a pre-RFP?
A pre-RFP is an early indicator that a government agency is planning a purchase — a project discussed in a board meeting, a budget line item, a new hire, or a grant award — captured before a formal RFP or bid is published. Acting on pre-RFPs gives SLED and B2G vendors months of lead time to build relationships and shape requirements.
When will California Tax Credit Allocation Committee issue an RFP for this project?
Pre-RFPs typically surface 6–18 months before a formal solicitation is published. Civic IQ tracks California Tax Credit Allocation Committee's meeting records, agendas, and budgets continuously and updates this pre-RFP as the project moves through the buying cycle toward an RFP.
How can vendors engage with California Tax Credit Allocation Committee before the RFP is published?
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