Board authorizes negotiations with JPMorgan for institutional custody services

Feb 17, 2026

The board authorized staff to enter contract negotiations with JPMorgan for the state's institutional custody services after a competitive RFP evaluation named JPMorgan the finalist offer; staff said negotiations and finalization may take months and will involve the Treasurer's office.

The full story

The State Board of Finance authorized staff to enter contract negotiations with JPMorgan as the finalist for the State’s institutional custody services contract (RFP 26‑341‑4000‑00003).

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