Dukes County Contributory Retirement System, Vineyard Haven, Mass., is searching for a custodian.
Dahab Associates, investment consultant for the $117 million pension plan, is assisting with the search.
The search is being conducted because the pension plan’s contract with its current custodian, State Street, is set to expire soon. State Street is invited to rebid, said William E. Dahab, principal and director of research at Dahab Associates.
The RFP is available on Dahab’s website. Proposals are due 3 p.m. EST on Jan. 8. Although a selection date has not yet been set, Mr. Dahab said a custodian is expected to be hired sometime within the first quarter of 2016.