Tigard, Ore., is searching for an investment consultant for its 401(a) and 457 plans.
The city issued an RFP because the contract with current consultant NFP Retirement will expires June 30, said Jennifer Curran, the city's risk manager, in an email. The firm is invited to rebid.
The plans have a combined $57 million in assets. MassMutual Financial is the record keeper for the plans.
The RFP is available on the city's purchasing website. Proposals are due at 2 p.m. PST on Feb. 3. A selection is expected sometime in May.