Sarasota (Fla.) Police Officers' Pension Fund is searching for a custodian, said an RFP posted on the Onvia DemandStar procurement website.
The $204 million pension fund's board approved the search in May. Current custodian Salem Trust is invited to rebid, said Thomas D. Kelley, the city's pension plans administrator, at the time.
Mr. Kelley did not have further information on the reason for the search.
The RFP is available on Onvia DemandStar's website. Registration is required. Proposals are due at 2:30 p.m. EST on Nov. 24. Further information on the search's timeline was not available.
Mr. Kelley did not return a phone call by press time.