Woonsocket (R.I.) Policemen's and Firemen's Pension Fund is searching for an investment consultant.
The $30 million pension fund issued an RFP to fulfill its fiduciary responsibility to put the services up for bid periodically, said Laurie Perry, city treasurer, in an email.
Current consultant River & Mercantile Group is invited to rebid, Ms. Perry said.
The pension fund has been closed to new fire department participants since 1985 and closed to new police department participants since 1980, according to an RFP posted on the city's website.
The RFP is available on the city's website. Proposals are due at 2 p.m. CST on Jan. 13. A selection is expected before the end of February.
