PERAC Memo #1 - 1999: Consultant Application Pursuant to 840 CMR 26.01

Consultant Application Pursuant to 840 CMR 26.01

Summary

This memo is a reminder that retirement boards must submit required consultant documentation—Application for Exemption for Consultants, Vendor Certification, and Disclosure Statement—by January 10, 1999, per 840 CMR 26.01. Boards sharing a consultant with other boards may rely on a single joint filing of these documents, but each board must still individually submit a letter confirming the consultant relationship, verifying a competitive selection process was used, and confirming it has reviewed and retained copies of the filed materials.

Full Text

PERAC MEMO #1/1999 M E M O R A N D U M TO: All Retirement Boards FROM: Joseph I. Martin, Deputy Executive Director RE: Consultant Application Pursuant to 840 CMR 26.01 DATE: January 6, 1999 This is a follow-up to PERAC MEMO #59/1998, reminding the boards to submit the information pertaining to their consultants by January 10, 1999. In the event a consultant is retained by more than one board, we will accept the filing of one Application for Exemption for Consultants, one Vendor Certification, and one Disclosure Statement. Each individual board, however, must submit a letter acknowledging the relationship with the consultant, that a competitive process was followed, and that the board has reviewed and retained a copy of this information.