Specifications include, but are not limited to: Providing the highest quality of investment consulting services to the Board of Trustees, Employees Retirement System of the City of St. Louis. 1. Review, revise and update the System’s Investment Policies and Guidelines; 2. Quarterly investment performance measurement and monitoring of performance; 3. Search for replacement and/or additional investment managers or custodians, conduct due diligence, and provide assistance in negotiations with same; 4. Asset Allocation Review and Asset-Liability Review; 5. Quarterly performance evaluation and September 30th annual performance evaluation with explanation why performance was good, bad or average, relative to the risk taken.