Dania Beach (Fla.) Police and Fire Retirement System is searching for a global custodian, confirmed William Dahab, principal and director of research at Dahab Associates, the $30 million pension fund's investment consultant.
Current custodian Salem Trust is invited to rebid. Mr. Dahab said the pension fund decided it was time to rebid the services.
The RFP is available on Dahab's website. Proposals are due at 5 p.m. EST on Feb. 17. A timetable for a decision has yet to be determined.
Cathy David, plan administrator, did not return a phone call by press time.