In a voice vote with no audible dissenters, six trustees voted to approve Trustee Jason Brady’s motion for the system to contract with all the firms that submitted their qualifications in April. Trustees Andrea Lea and Dale Douthit abstained from the vote; Trustee Daryl Bassett was absent.
In August, Trustee David Hudson made a motion for the system to contract with the top six firms ranked in a staff analysis, but his motion failed for lack of a second. That delayed a decision.
On Wednesday, when a trustee asked about hiring all 18 firms, the system’s executive director, Duncan Baird, noted that a now-retired deputy director, Jay Wills, had indicated “there is nothing that prevents us from doing that.”
via On law firm applicants, Arkansas Public Employees Retirement System picks all 18.
