El Paso County, Colorado Springs, Colo., hired a new custodian and is in the process of searching for a new actuary and investment consultant.
The $115 million plan has a fairly new board committed to putting out to bid all positions that haven't been for a long time, said Mike Cherry, plan administrator.
Norwest Bank is in the process of taking over custodial services from Colorado National Bank/First Trust, following an in-house search. The incumbent, Western National Bank and BancOne also were finalists.
RFPs should be sent out shortly for a consultant. Mercer, the incumbent, is expected to respond, said Mr. Cherry. A decision is expected in February.