Vermont Pension Investment Committee, Montpelier, rehired NEPC as investment consultant of the $3.9 billion Vermont State Retirement Systems, pending contract negotiations, wrote Stephen Rauh, chairman of the committee, in an e-mail.
An RFP was issued in February because of a state law that requires vendor services be put up for bid every four years; Meketa Investment Group was the other finalist.
Negotiations for the new contract are underway, and the committee will make a final decision at its May 27 meeting.
