Wheat Ridge, Colo., rehired Innovest Portfolio Solutions as investment consultant for the city's 401(a) and 457 plans.
The city awarded the contract to Innovest on Friday, said Whitney Mugford-Smith, city procurement manager, in an email.
The city issued an RFP in November due to the pending expiration of Innovest's contract. Ms. Mugford-Smith said there were three other respondents and none made any finalist presentations.
MissionSquare Retirement is the plans' record keeper. The plans have a total of $27 million in assets.
