East Providence wants investment consultant for fire, police fund

East Providence, R.I., is searching for an investment consultant for the East Providence (R.I.) Police and Fire Retirement System, said an RFP on the city's website.

The reason for the search and information on whether incumbent consultant Wainwright Investment Counsel can rebid could not immediately be learned.

The RFP is available on the city's website. Proposals are due by 2 p.m. EDT on June 2.

As of Oct. 31, 2015, the retirement system had $115.8 million in assets.

Malcolm Moore, finance director, could not immediately be reached for additional information.