Canada Mortgage and Housing Corp., Ottawa, is searching for a firm to serve as both administrator and record keeper for its C$1.54 billion (US$1.36 billion) defined benefit plan.
The services have been handled internally through the CMHC’s investments and pension fund division, according to the CMHC website.
The selected firm will work under a five-year contract with two possible extensions for a cumulative total of 10 years.
The RFP is available on a Canadian procurement website. Proposals are due at 2 p.m. EST Dec. 19; a selection is expected on Feb. 9.
Charles Sauriol, CMHC spokesman, could not be reached for further details.