Municipal Authority of Westmoreland County, New Stanton, Pa., is searching for an investment consultant for its $46 million defined benefit plan.
Only consultants with at least eight years of experience that service DB plans with an aggregate value of at least $1 billion in assets will be considered, an RFP said. The name of the current consultant and whether it can rebid could not be learned by press time.
The RFP is available on the authority’s website. Proposals are due at 2 p.m. EDT May 29. A selection date was not disclosed.
Further information could not be learned by press time. Randy Roadman, authority chairman, did not return a phone call.