Burbank, Calif., is searching for an investment consultant for its $244 million 457 plan, said Carrie Matson, the city's deputy financial services director.
The city issued an RFP because it has been a while since the services have been put up for bid, Ms. Matson said. Hyas Group, the plan's current investment consultant, is invited to rebid.
The RFP is available on the PlanetBids procurement website. Registration is required. Proposals are due at 5 p.m. PDT on April 13. A decision is expected in June.