Anchorage (Alaska) Finance Department is searching for an investment consultant for its roughly $234 million 457 deferred compensation plan, said an RFP on the city’s website.
The search is being conducted due to the upcoming contract expiration of incumbent consultant Callan Associates. It could not immediately be learned whether Callan is invited to rebid.
The RFP is available on the city’s website. Proposals are due by 5 p.m. Alaska Standard Time on Nov. 19. A hiring decision is expected in the first quarter of 2016.
Interested firms may also apply to provide consulting services for the $147 million Municipality of Anchorage Trust Fund and the $35 million MOA pre-funding investment program for retired police and firefighter medical benefits.
A purchasing official could not immediately be reached for additional information.