Culver City, Calif., is searching for an investment consultant for its $99 million 457 plan and $1 million 401(a) plan.
The city is seeking proposals from firms that can provide investment consulting services for the plans as a best practices measure, according to an RFP posted on the PlanetBids procurement website.
The RFP does not disclose the name of the current consultant or whether the firm is eligible to rebid. MissionSquare Retirement is the plans' record keeper.
The RFP is available on PlanetBids. Registration is required. Proposals are due at 3 p.m. PST on Nov. 20. A selection is expected in December or January.
City officials could not be immediately reached for further information.