Idaho State Board of Education, Boise, issued an RFP for an investment consultant for its three defined contribution plans, Laura Gallivan, office specialist at the state's purchasing division, said in an email.
Multnomah Group was the previous investment consultant and is invited to rebid.
The Optional Retirement Defined Contribution plan, and 403(b) and 457 plans had a combined $919.9 million in assets administered by TIAA-CREF as of Dec. 31, 2015, and $134.4 million administered by AIG Retirement Services as of March 31, 2016, according to the ITB.
The ITB is available on the state's procurement website. Registration is required. Proposals are due at 5 p.m. MST on Dec. 1. A selection is expected to be made in February.
