Philadelphia Housing Authority, Philadelphia, is searching for investment consultants for its $192 million defined benefit plan and $59 million profit-sharing plan.
The authority previously issued an RFP for an investment consultant for the profit-sharing plan in 2013 and rehired incumbent consultant NEPC at the time.
Information about which firm provides services for the DB plan, and whether both incumbent consultants are invited to rebid, was not available.
The DB plan is frozen and has 20 active participants.
The RFPs are available on the authority's website. Registration is required. Proposals for both are due at 11 a.m. EDT on March 24. A timeline for a decision was not provided.
Kelvin A. Jeremiah, president and CEO, and William Cook, senior sourcing manager-procurement, could not be immediately reached to provide further information.
