Thibault_Approval_for_RBC_-_Evaluating_of_Services.pdf

This document is a memorandum from the Greater Orlando Aviation Authority's Retirement Benefits Committee (RBC) regarding the evaluation of services for retirement plan administration. The RBC is seeking approval to review and issue a Request for Proposal for two specific contracts within the next three months, specifically for an Investment Consultant and Pension Attorney. These services are intended to support the administration of the Authority's Retirement Plans, including the Defined Benefit Plan, Defined Contribution Plan, Deferred Compensation Plan, and Other Post-Employment Benefits Trust (OPEB), in accordance with Policy 120.08 and 130.04.

Previously, these services were reviewed through a competitive Procurement Process or with assistance from an Investment Consultant, with the RBC serving as the evaluating committee and providing recommendations to the Aviation Authority Board. The memorandum, signed by Dr. Randy Hudgins and approved by Kevin J. Thibault, indicates that Kandyce Moss (RBC Recording Secretary and Plan Administrator) has consulted with Dan Gerber, General Counsel, who concurred with the recommendation to task the RBC with evaluating and recommending procurement services specifically limited to the RBC's needs.