Contra Costa Water District Retirement Plan, Concord, Calif., is searching for an investment consultant, said Douglas Anderson, procurement officer.
The $153 million pension fund has issued an invitation to bid because of its policy to put the services up for bid every five years, Mr. Anderson said.
Current consultant Buck Consultants is invited to rebid.
The invitation to bid is available on the water district’s website. Proposals are due at 10 a.m. PDT on May 12. A timetable for a decision has yet to be determined.