Rochester-Genesee Regional Transportation Authority, Rochester, N.Y., is searching for a discretionary investment consultant and custodian for its two non-union pension plans.
The transportation authority is seeking a firm to provide investment management services, custodial and trustee services for the two plans, according to an RFP emailed by Sarah Clark, junior procurement officer.
Which firm currently provides the services and whether the firm is eligible to rebid could not be immediately learned.
The pension funds are the $21 million Regional Transit Service Non-Union Employee Plan and the $3 million Lift Line Inc. dba RTS Access and Rural Properties Non-Union Employee Plan.
The RFP can be obtained by emailing Ms. Clark. Proposals are due at 5 p.m. EST on Nov. 9. A decision is expected sometime in January.
Ms. Clark could not be immediately reached for further information.