Waltham (Mass.) Contributory Retirement System is searching for an investment consultant for the $270 million defined benefit plan.
The search is being conducted to comply with state law requiring contracts be put out to bid every seven years, said Karen A. Doucet, executive director. Fiduciary Investment Advisors is the plan’s current consultant and is invited to rebid.
The RFP is available by requesting a copy from Ms. Doucet, executive director, via email. Proposals are due at noon EDT on March 13. A selection is expected to be made in June, Ms. Doucet said.