Borough of Media, Pa., is searching for an investment consultant for its police and non-uniform defined benefit plans.
The borough is seeking a firm to assist its finance committee in the ongoing process of investment policy development and implementation, according to an RFP posted on the borough's website.
The RFP does not disclose the name of the current firm or whether it is eligible to rebid. James K. Seaman, the borough's finance director, declined to comment. The two defined benefit plans have a combined $27 million in assets, according to the RFP.
The RFP is available on the borough's website. Proposals are due at 1 p.m. EDT on Oct. 29. A timeline for a selection was not provided.
