University of Alabama System, Tuscaloosa, is searching for an investment consultant for its defined contribution plans.
The system issued an RFP due to the pending expiration of the contract of current consultant SageView Advisory Group as well as due diligence, according to an email from the system's human resources group.
SageView Advisory Group is eligible to rebid, the email said.
The system's DC plans are the $2.8 billion University of Alabama System 403(b) plan, $160 million University of Alabama System 457(b) Deferred Compensation Plan, $123 million UAB Hospital Management LLC 403(b) Plan, and three other plans each with less than $4 million in assets.
The RFP is posted on the system's procurement website. Registration is required. Proposals are due at noon CDT on May 31. A selection is scheduled for July 30.