Lehigh and Northampton Transportation Authority, Allentown, Pa., is searching for an investment consultant for its two pension plans, confirmed Melissa M. Gemelli, assistant executive director–finance/administration.
Wells Fargo Bank, trustee of the authority’s union and non-union plans, with combined assets of $11 million, had provided consulting services and will remain as trustee. The firm can bid for the investment consulting services, wrote Ms. Gemelli in an e-mail.
Proposals are due at 1:30 p.m. EST Dec. 14. The authority hopes to make a decision by the end of January.
The RFP is available by contacting Ms. Gemelli at [email protected].