Tempe, Ariz., is searching for an investment consultant for its 457 and 401(k) plans.
The city has issued an RFP due to the upcoming expiration of current consultant Hyas Group's contract, said Eric Kraenzle, city procurement officer, in an email. The firm is invited to rebid, he said.
Nationwide Financial is the plans' record keeper. The 457 and 401(k) plans have a combined $219 million in assets.
The RFP is available on the city's procurement website. Registration is required. Proposals are due at 3 p.m. MST on Jan. 26. A selection is expected late in the first quarter, Mr. Kraenzle said.