North Central Texas Council of Governments, Arlington, is searching for an investment consultant for its $106 million 401(a) plan and $16 million 457 plan.
The organization issued an RFP due to the upcoming expiration of the contract of current consultant AndCo Consulting, said Craigan Johnson, senior purchasing manager, in an email. The firm is eligible to rebid, Mr. Johnson said.
The plans have 12 individual investment options and a target-date fund series managed by Capital Group. MissionSquare Retirement is the record keeper.
The RFP is available on the Public Purchase website. Registration is required. Proposals are due at 2 p.m. CST on March 2. A timeline for a selection has yet to be determined.
