Citigroup Global Markets Inc.
City-funded organization
Citigroup Global Markets Inc. is the principal U.S. broker-dealer subsidiary of Citigroup Inc., registered with the SEC as a securities broker-dealer and investment adviser and with the Municipal Securities Rulemaking Board as a municipal securities dealer. Since 1994 the NYC Office of the Comptroller has repeatedly engaged it, mainly as remarketing agent on NYC General Obligation and variable-rate bond series; it currently holds 8 active contracts worth about $26.3 million out of $30.9 million awarded all-time. Citywide, 6% of its contract value ($1.9 million across 4 contracts) was awarded without a fresh competitive bid, per Checkbook NYC's classification; one of those, a 1990s-series remarketing services contract, was awarded via direct assignment.
- Industry (per city contracts)
- Professional Services
- City contracts (active)
- $26,266,583 · 8 contracts
- Awarded all-time
- $30,918,474 · 15 since 1994, incl. expired
- Paid to date
- $11,728,323
- Won without a fresh bid
- 6% of contract value · $1,911,905 · 4 contracts
Holds contracts at
- Office of the Comptroller City agency
City contracts
Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).
- GENERAL OBLIGATION BONDS FY' 2012, SERIES G, SUBSERIES G-3 Office of the Comptroller · CT101520131402407 $7,338,000
- REMARKETING AGENT FOR NYC FOR BOND FY2017 A-4 Office of the Comptroller · CT101520171406006 $4,172,000
- Remarketing Agent Services for GO FY 2014 I-3 Office of the Comptroller · CT101520211407307 $3,967,000
- REMARKETING SERVICE VARIABLE RATE DEBT FY'04; SERIES H-2 Office of the Comptroller · CT101520040024504 $3,202,888
- FOR VARIABLE DEBT, SPECIFICALLY FOR NYC GO FY 2009 B-3 Office of the Comptroller · CT101520090019002 $2,272,500
- FOR VARIABLE RATE DEBT/SPECIFICALLY FY GO 2008 J-7 & J-9 Office of the Comptroller · CT101520080030234 $2,250,000
- REMARKETING AGENT FOR VARIABLE RATE DEBT FY'04 SERIES A6 Office of the Comptroller · CT101520040005430 $1,957,426
- REMARKETING AGENT FOR GENERAL OBLIGATION BONDS FY2006 H-2 Office of the Comptroller · CT101520060030451 $1,106,769
- REMARKETING NYC GENERAL OBLIGATION BONDS, SUBSERIES C-4 Office of the Comptroller · CT101520030014324 · ended 2020 $2,383,986
- REMARKETING SVCES FOR SERIES B FY'95 SUBSERIES B-2,3,4 & 7 Office of the Comptroller · CT101520040025534 · ended 2023 $1,093,090