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Board approves correction to Bloomberg services contract after clerical cap error
2769173 · March 25, 2025
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Summary
The Board approved a technical correction to a long‑standing Bloomberg terminal services contract used to manage the county’s $15.5 billion portfolio and to allow annual price adjustments as specified in the vendor agreement.
The Board of Supervisors on March 25 approved an amendment to a county contract with Bloomberg LP to remove a clerical cap and confirm the vendor’s biannual price‑increase mechanism.
County financial staff said Bloomberg provides trading terminals, analytics and portfolio management tools that the county has used for 27…
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