Updated with correction.
Alberta Pensions Services Corp., Edmonton, is searching for an investment consultant for the C$5.6 billion ($4.2 billion) Management Employees Pension Plan.
The corporation issued an RFP because of a trade agreement that requires the services be put up for bid every five years, said Heather Tkachuk, plan board director. Ellement Consulting Group, the current consultant, is invited to rebid.
Alberta Investment Management Corp. manages the assets of the pension plan.
The RFP notes that the selected consultant would not duplicate AIMCo's services and information but "deliver value-added independent advice that supports (the board) in its fiduciary responsibilities."
The RFP is available on the Alberta purchasing website. Registration is required. Proposals are due at 4 p.m. MDT on Sept. 11. A selection is scheduled for Nov. 6.
