North Texas Toll Authority, Plano, is searching for at least one provider for its 401(k) and 457(b) plans, according to an RFP posted on its procurement website.
It is the first RFP the authority issued for the services in more than 10 years.
Incumbents are Bisys and Frontier Trust for the $22.7 million 401(k) plan and Waddell & Reed for the $173,000 457(b) plan. They are invited to rebid.
Service providers may bid to work on one or both plans. Services sought include record keeping, administration and providing recommendations for fund investments to the investment committee, according to the RFP.
The RFP is available on the toll authority's procurement site at www.ntta.org/procurement/opportunites/Documents/RFP%2003471-NTT-00-CS-HR.pdf. Proposals are due at 2 p.m. CDT Aug. 3.
Brandy Adamson, senior buyer, did not return a telephone call by press time for additional information.