Chicago Metropolitan Water Reclamation District is searching for an investment consultant for its $244 million 457 plan, said James E. Fisher, compensation and benefits manager.
The district issued an RFP because the contract of current consultant Segal Marco Advisors is expiring on Dec. 31; the firm is invited to rebid.
The plan has 14 investment options and a target-date fund lineup managed by T. Rowe Price Group.
The RFP is available on the district's procurement website. Proposals are due at 11 a.m. CDT on July 26. The district will make a selection before the end of the year, Mr. Fisher said.