Denver Water is seeking investment consulting services for its $116.8 million 401(k) and $37.6 million 457 deferred compensation plans.
The search is being conducted because the board's contract with its current investment consultant, Ellwood Associates, is set to expire on Dec. 31. Kelly James, lead senior analyst at Ellwood, said the consulting firm plans to bid.
The RFP is available on the BidNet Direct procurement website. Registration is required. Proposals are due by 2 p.m. MDT Sept. 23. A selection will be made before the end of the year.
Jacob Christensen, purchasing agent, referred questions to Denver Water’s contract administrator, who did not immediately provide additional information.