Prince William County, Va., is searching for an investment consultant for its $32 million Supplemental Pension Plan for Police Officers and Uniformed Fire and Rescue Department Personnel, said William Cleis, contract specialist.
The county is seeking a consultant to advise the plan and will consider discretionary consultants in addition to those offering non-discretionary services, according to an RFP posted on the county's procurement website. Current consultant Dahab Associates provides non-discretionary consulting services.
The county is also seeking an investment consultant for its $80 million other post-employment benefits trust. The current consultant, PFM Asset Management, provides discretionary consulting services.
Both firms are eligible to rebid. The county will consider separate consultants for those asset pools or one consultant to advise on both.
The RFP is available on the county's procurement website. Proposals are due at 3 p.m. EDT on April 30. A timeline for a decision was not provided.