Rfp 926016 - Retirement Plan Investment Consultant

The Town of North Branford, Connecticut, is seeking proposals from qualified investment consultants to manage pension fund investments for its Employees’ Pension Plan, the North Branford Police Pension, and the Merit Service Retirement Plan for Volunteer Fire/Ambulance personnel. The primary goal of this solicitation is to define the scope of services required, gather detailed proposals from interested providers, and facilitate an evaluation process to select a suitable investment consultant. The RFP, titled "Rfp 926016 - Retirement Plan Investment Consultant," was posted on February 26, 2025, with a response deadline of March 19, 2025. The contract is expected to be valued between $50,000 and $200,000, reflecting the scope and scale of the investment advisory services needed. Interested firms are encouraged to review the detailed RFP available on the Connecticut Department of Administrative Services website. The Town aims to engage a provider experienced in pension fund management, with a focus on ensuring prudent investment strategies aligned with the plans’ long-term financial goals. The primary contact for inquiries is Michael Fumiatti, reachable via email at [email hidden] or by phone at [phone hidden]. This initiative underscores the Town’s commitment to securing professional investment management to support the financial stability of its pension plans.