The Orange County, Fla., procurement committee plans to recommend hiring Dahab Associates as investment consultant for the $152 million Orange County Section 457 Deferred Compensation Plan and the $38 million Orange County Section 115 Retiree Health Care Trust, both of Orlando, said Mark Fostier, assistant county comptroller.
The Board of County Commissioners is expected to consider the recommendation at its May 14 meeting, said Mr. Fostier, who is also a member of the committee. The county comptroller's office administers the plans.
The county board issued an RFP for an investment consultant in February because the contract of Bogdahn Group, the incumbent, expires May 31. Bogdahn was among the firms that bid. The others were Segal RogersCasey, Bolton Partners, Fiduciary First, Meketa Investment Group, and PFM Asset Management.
Mr. Fostier said the Dahab recommendation would go to the commissioners unless any other bidder objects to it, a matter the committee would then resolve.
