Longmont, Colo., is searching for a bundled provider for the city's 401(a) plan, confirmed Valerie Scott, procurement specialist.
Wells Fargo is the current provider. It could not be learned by press time if it can rebid.
The selected firm must have three 401(a) plan government clients with at least $50 million in assets each. The contract is for five years, starting June 30.
Consultant Innovest Portfolio Solutions is assisting the $62 million plan.
The RFP is available on a state procurement website. Proposals are due at 2 p.m. MST Jan. 23. Finalist interviews are scheduled for the week of March 16, with a hiring decision expected by the end of that month.
