Searches and Hires

Scottsdale, Ariz., hunting for investment consultant for 457 plan

Scottsdale, Ariz., is searching for an investment consultant for its $126 million 457 plan, said John Snow, the city's bid and contract specialist, in an email.

The city issued the RFP for a firm to advise the plan on its investment management, as well as the city's $8 million post-employment health plan. Mr. Snow said the city currently does not have a firm under contract but did not specify whether this would be the plan's first consultant.

The RFP is available on the city's purchasing website. Registration is required. Proposals are due at 2 p.m. MST on April 24. A timeline for a decision was not provided.