Weymouth (Mass.) Contributory Retirement System is searching for a custodian for the $170 million pension plan.
Investment consultant Fiduciary Investment Advisors is assisting with the search.
The search is being conducted to evaluate vendors in the space and to comply with the periodic requirement to bid for these services, said Maura Goulart, director of client services at Fiduciary Investment Advisors.
State Street is the current custodian and will be rebidding, Ms. Goulart.
The RFP is available on Fiduciary Investment Advisors' website
Proposals are due at 4 p.m. EDT on Oct. 26. A decision is expected to be made either later in the fourth quarter or early in the first quarter.
