Cedar Rapids, Iowa, is searching for a consultant to assist the city in a search for record keepers for its 457 plan.
The city is seeking a consultant to assist its staff in conducting the search because it is considering consolidating the number of 457 plan record keepers to one or two firms from the current five firms, according to a request for qualifications posted on the city's procurement website.
The city plans to issue an RFP for record keepers later this year for a contract beginning Jan. 1. The consultant RFQ does not disclose the plan's asset size, the names of the record keepers or whether they are eligible to rebid
The RFQ is available on the city's procurement website. Registration is required. Responses are due at 3 p.m. CDT on May 18. A timeline for a selection was not provided.
Heather Mell, city purchasing agent, could not be immediately reached for further information.