Little Rock (Ark.) City Relief Pension Funds will issue an RFP by the...

Little Rock (Ark.) City Relief Pension Funds will issue an RFP by the end of next week for an investment consultant for its $65 million police plan, said Bob Biles, finance director. Trustees last conducted a consultant search 10 years ago, and "it's time to go through the process," Mr. Biles said. Incumbent Gerber/Taylor can rebid. The RFP will be available through the city's purchasing and finance departments; the final timeframe for the search has not been set, but proposals will likely be due in mid-May, with a selection expected in June or July. The new firm will not immediately begin any searches or studies, he said.