Riverside, Calif., is searching for an investment consultant for its $236 million 457 plan.
The city issued a request for information for consultants that work with deferred compensation plans, according to an RFI posted on the PlanetBids procurement website.
The RFI says the city is "gathering information in order to better understand future financial needs for the city." Whether any firm currently provides consulting services could not immediately be determined.
The RFI is available on the PlanetBids procurement website. Registration is required. Proposals are due at 5 p.m. PST on Nov. 30.
Luz Granados, procurement and contract specialist, could not be immediately reached for further information.