Lake Oswego, Ore., is searching for an investment consultant for its $36 million 457 plan.
The city issued an RFP due to the upcoming expiration of current consultant Northwest Capital Management's contract. The firm is eligible to rebid, said Megan Phelan, assistant city manager. ICMA-RC is the plan's record keeper.
The RFP is posted on the city's website. Proposals are due at 5 p.m. PST on Jan. 12. The city hopes to make a selection by the end of January, Ms. Phelan said.