Chicago Public Schools is searching for an investment consultant for its 403(b) plan and 457 plan.
The school district is seeking proposals from firms that can provide services including the quarterly evaluation of investment options and assisting in the selection of new and/or replacement investment options, according to an RFP on its procurement website.
The RFP does not disclose the asset size of the plans or whether the current consultant is eligible to rebid. The last time the services were put up for bid, RVK was selected as the consultant.
The RFP is available on the school district’s procurement website. Registration is required. Proposals are due by 5 p.m. CDT on July 10. A timeline for a selection was not provided.
Karen Waters Pearson, senior category buyer at Chicago Public Schools, could not be immediately reached for further information.