Fresno County (Calif.) Deferred Compensation Plan rehired Northwest Capital Management as investment consultant, said Shannon W. Kirby, county purchasing analyst, in an email.
The $257 million 457 plan issued an RFP in May because of the impending expiration of the firm’s contract on Dec. 13, Mr. Kirby said at the time.
The county completed the evaluation of the seven bidders and on Sept. 11 posted the notice of the award, pending contract negotiations, on the Public Purchase procurement website. There were no finalists.
Nationwide Financial is the plan's record keeper.