Danvers (Mass.) Contributory Retirement System is searching for a custodian for the system’s defined benefit plan, said an RFP provided by board administrator Susan Little.
The name of the current custodian and whether it can rebid was not immediately available.
Graystone Consulting, investment consultant to the $105 million pension plan, is assisting with the search. The RFP is available from Ms. Little via e-mail at [email protected].
Proposals are due by 1 p.m. EDT on July 12. A hiring decision is expected by Oct. 31, the RFP said.