Brazos River Authority, Waco, Texas, is searching for a custodian and trustee for its $20 million defined benefit plan, according to an RFP posted on the authority's website.
The authority is seeking a firm "to provide record keeping and trustee/custodial services for its frozen defined benefit retirement plan," according to the RFP.
The name of the current custodian and trustee, and whether the firm is invited to rebid, could not be immediately learned.
The RFP is posted on the authority's website. Proposals are due at 3 p.m. CDT on July 24. A timeline for a decision was not provided.
Clarissa Cabrera, purchasing manager, could not be immediately reached to provide further information.
