Prince George's County, Largo, Md., issued an RFP for an investment consultant for the county's four primary pension plans and seven supplemental pension plans, confirmed Robert Holley, pension plan administrator.
The RFP was issued because current consultant AndCo Consulting's contract is expiring; the firm is eligible to rebid, Mr. Holley said.
The plans have a combined $2 billion in assets.
The RFP is available on the county's purchasing website. Proposals are due at noon EDT on May 24. A timetable for a decision has yet to be determined.
