ATB Financial Pension Plan, Edmonton, issued an RFP for a global custodian for the C$385 million ($305 million) defined benefit plan, said Trudy Cooper, manager, strategic sourcing.
She would not disclose the current custodian but said the firm can rebid. The plan puts custodian duties up for bid every five years.
The RFP is on the Alberta Purchasing Connection, the province's procurement website.
Proposals are due at 3 p.m. MDT April 2. A selection is expected by June 1, Ms. Cooper said.
