The Alabama College Education Savings Program, Montgomery, is looking for a program manager for its $466 million CollegeCounts 529 Fund Direct Plan and $1.15 billion CollegeCounts 529 Fund Advisor Plans.
Program board members are conducting the serach because the contract with its current administrator expires in July 2020, said Anita Kelley, savings programs director, in an email. Union Bank and Trust is the current program manager and is invited to rebid.
The RFP is available on the state treasurer's website. Proposals are due 5 p.m. CDT April 26. A selection is expected to be made no later than Nov. 20.
