Longmont, Colo., scouting for investment consultant for 401(a) plan

Longmont, Colo., is searching for an investment consultant for its roughly $75 million 401(a) Money Accumulation Pension Plan for Employees.

The search is being conducted because of the expiring contract of current consultant Innovest Portfolio Solutions, said Valerie Scott, procurement specialist, in an email. Innovest in invited to rebid.

The plan’s record keeper is Empower Retirement.

The RFP is available on Longmont’s website.

Proposals are due by 2 p.m. MDT on April 25, with a hiring decision anticipated the week of May 29.