Medford (Mass.) Contributory Retirement System is searching for an investment consultant, confirmed Mark Minervini, retirement administrator for the $194 million defined benefit plan.
The search is being conducted to comply with state law requiring contracts to go out for rebid every few years. NEPC is the plan's current investment consultant and is invited to rebid.
A copy of the RFP can be obtained by contacting Mr. Minervini via email. Proposals are due by noon EDT Oct. 26. A selection date was not disclosed.