Lubbock, Texas, is searching for an investment consultant for its $33 million 457 plan.
The city has issued an RFP due to the upcoming expiration of current consultant TCG’s contract on Dec. 1, said Kiara Morgan, buyer, in a Q&A on the city’s procurement website.
TCG is eligible to rebid, said Morgan. The plan’s record keepers are Corebridge Financial, MissionSquare Retirement and Voya Financial.
The RFP is available on the city’s procurement website. Registration is required. Proposals are due by 3 p.m. CST on Nov. 20. A timeline for a selection was not provided.