Kansas City (Mo.) Area Transportation Authority is searching for a custodian for its $18 million salaried pension fund, according to an RFP posted on the authority's procurement website.
The current custodian is United Missouri Bank. Whether the firm is eligible to rebid could not be immediately learned.
United Missouri Bank is also the investment manager of the pension fund, according to the RFP.
The RFP is available on the authority's procurement website. Proposals are due at 2 p.m. CST on Jan. 11. A decision is expected sometime in February.
Tamika McDonald, senior buyer, could not be immediately reached to provide further information.