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El Paso pension board considers Prestige Consulting Services proposal for strategic plan; board divided on formal procurement
Summary
The El Paso City Pension Board heard a proposal from Gilbert Moreno of Prestige Consulting Services for a three‑phase strategic planning process and debated whether to hire the firm without a competitive procurement.
The El Paso City Pension Board heard a proposal from Gilbert Moreno of Prestige Consulting Services to develop a strategic plan for the fund, then discussed whether to hire the firm directly or seek competitive quotes. Executive Director Robert Ashford introduced the proposal and said the board had sought a strategic plan for several years.
"The board in the past 2 years has been steadfast in wanting to develop a strategic plan for the organization," Robert Ashford said before turning the presentation over to Gilbert Moreno. Moreno, the principal of Prestige Consulting Services and a native of El Paso, described a…
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