The Nevada Deferred Compensation Fund , Carson City, plans to issue an...

The Nevada Deferred Compensation Fund, Carson City, plans to issue an RFP in late February for two bundled providers for its $331 million 457 plan. The contracts of current providers Hartford Investment Management and ING Investment Management Americas expire Dec. 31, 2007, confirmed Brian Davie, chairman; both firms will be invited to rebid. Under state law, the plan must solicit bids on the contracts every five years, Mr. Davie said. Segal Advisors will assist with the RFP, which will probably be posted on the plan's website at http://defcomp.state.nv.us/, said Mr. Davie. Fund officials hope to make selections by the end of May.