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Committee recommends pushing Trust Investment Committee review until after pension-investment RFP opening

Berrien County Board of Commissioners Finance Committee · February 12, 2026
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Summary

Bids for the county pension investment firm are due March 18; the Finance Committee recommended postponing the Trust Investment Committee meeting until March 26 so members can review bids after opening.

Jake Litaker presented an update on the Request for Proposals for the Pension Investment Firm and said bids are due March 18, 2026. He asked the Finance Committee for guidance on scheduling the Trust Investment Committee meeting to review bids.

Committee members recommended not holding the Trust Investment Committee meeting until March 26, 2026, to give members additional time to review results from the bid opening. No vendor selections were made at the Finance Committee meeting; the recommendation changes only the review date, not the procurement requirements or evaluation criteria.

The RFP submission deadline remains March 18, 2026; staff will bring bid results to the Trust Investment Committee on or after March 26 for review and further direction.

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