LAFPP submits custody RFI 01 July 2010Los Angeles Reporter:
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The City of Los Angeles Fire & Police Pension Plan (LAFPP) has submitted a Request for Information on master trust custodial banking services. The announcement said that the request was as a result of the continuing innovation and consolidation in the six years since it last surveyed the marketplace.
Following the RFI, the LAFPP says it may in the future issue a RFP, but any organisation responding to the RFI will not receive additional benefits if it then responds to the RFP.
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