Southeastern Pennsylvania Transportation Authority, Philadelphia, is searching for an investment consultant for the authority’s $1.1 billion defined benefit plan and $190 million deferred compensation 457(b) plan, said Rebecca Ware, senior contract administrator for the system.
PFM Advisors is the current consultant for the pension fund. Ms. Ware did not disclose by press time whether the firm can rebid.
A copy of the RFP can be obtained by contacting Ms. Ware via e-mail at [email protected] or by phone at 215-580-8325. Proposals are due by 4:30 p.m. EST on March 5. Ms. Ware did not disclose by press time when a selection was expected.